SMC corp
6273.T
#511
Rank
$34.03 B
Marketcap
$525.50
Share price
-1.01%
Change (1 day)
-6.74%
Change (1 year)

P/E ratio for SMC corp (6273.T)

P/E ratio as of March 2023 (TTM): 24.2

According to SMC corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2188. At the end of 2022 the company had a P/E ratio of 23.7.

P/E ratio history for SMC corp from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202223.7-34.25%
202136.029.65%
202027.829.14%
201921.51.67%
201821.27%
201719.82.48%
201619.3-12.84%
201522.11.17%
201421.915.55%
201318.924.32%
201215.2-21.87%
201119.5-57.01%
201045.379.97%
200925.291.84%
200813.1-27.09%
200718.0-27.75%
200624.934.95%
200518.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.0-38.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-510-2,204.67%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-15.09%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.