Sumitomo Chemical
4005.T
#2116
Rank
$5.91 B
Marketcap
$3.62
Share price
-2.02%
Change (1 day)
-22.15%
Change (1 year)

P/E ratio for Sumitomo Chemical (4005.T)

P/E ratio as of December 2022 (TTM): 4.06

According to Sumitomo Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.06015. At the end of 2022 the company had a P/E ratio of 5.71.

P/E ratio history for Sumitomo Chemical from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20225.71-72.43%
202120.719%
202017.4136.91%
20197.34-3.1%
20187.58-36.87%
201712.016.86%
201610.3-46.49%
201519.213.68%
201416.9-289.15%
2013-8.93-108.67%
2012103264.15%
201128.3-44.95%
201051.3-646.06%
2009-9.40-156.83%
200816.55.62%
200715.7-9.84%
200617.429.59%
200513.4-43.44%
200423.732.21%
200317.9-33.36%
200226.9-8%
200129.2

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.