Sumitomo Denki Kōgyō
5802.T
#1531
Rank
$9.82 B
Marketcap
$12.60
Share price
0.65%
Change (1 day)
-7.01%
Change (1 year)

P/E ratio for Sumitomo Denki Kōgyō (5802.T)

P/E ratio as of February 2023 (TTM): 299

According to Sumitomo Denki Kōgyō 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 299.133. At the end of 2022 the company had a P/E ratio of 12.0.

P/E ratio history for Sumitomo Denki Kōgyō from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202212.0-48.9%
202123.587.8%
202012.526.01%
20199.93-5.64%
201810.5-21.65%
201713.412.18%
201612.013.91%
201510.5-43.34%
201418.6-21.52%
201323.654.82%
201215.319.22%
201112.8-60.18%
201032.2-15.8%
200938.2236.2%
200811.4-36.45%
200717.9-26.41%
200624.33.69%
200523.4-15.95%
200427.9-201.17%
2003-27.6-134.86%
200279.1

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.