P/E ratio for Suntory (2587.T)
P/E ratio as of April 2024 (TTM): 19.8
According to Suntory's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7975. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for Suntory from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | -9.75% |
| 2021 | 18.7 | -13.35% |
| 2020 | 21.6 | 5.96% |
| 2019 | 20.4 | 6.45% |
| 2018 | 19.2 | -11.91% |
| 2017 | 21.7 | 3.63% |
| 2016 | 21.0 | -45.8% |
| 2015 | 38.7 | 8.88% |
| 2014 | 35.6 | 22.64% |
| 2013 | 29.0 |
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.