P/E ratio for Suntory (2587.T)
P/E ratio as of June 2023 (TTM): 15.7
According to Suntory's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7121. At the end of 2021 the company had a P/E ratio of 18.7.
P/E ratio history for Suntory from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.7 | -13.35% |
| 2020 | 21.6 | 5.96% |
| 2019 | 20.4 | 6.45% |
| 2018 | 19.2 | -3.36% |
| 2017 | 19.8 | -39.16% |
| 2016 | 32.6 | -15.86% |
| 2015 | 38.7 | 8.88% |
| 2014 | 35.6 | 25.89% |
| 2013 | 28.2 |
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.