According to Sumitomo Realty & Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.738. At the end of 2022 the company had a P/E ratio of 9.42.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.42 | -16.56% |
2021 | 11.3 | 17.17% |
2020 | 9.63 | -23.39% |
2019 | 12.6 | -27.24% |
2018 | 17.3 | 21.88% |
2017 | 14.2 | -0.77% |
2016 | 14.3 | -18.11% |
2015 | 17.5 | -41.31% |
2014 | 29.7 | -13.28% |
2013 | 34.3 | 64.58% |
2012 | 20.8 | 47.61% |
2011 | 14.1 | -23.49% |
2010 | 18.4 | 34.27% |
2009 | 13.7 |
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.