P/E ratio for Sysmex (6869.T)
P/E ratio as of April 2024 (TTM): 9.98
According to Sysmex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.98127. At the end of 2022 the company had a P/E ratio of 35.8.
P/E ratio history for Sysmex from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.8 | -54.65% |
| 2021 | 79.0 | -3.42% |
| 2020 | 81.8 | 104.1% |
| 2019 | 40.1 | 36.78% |
| 2018 | 29.3 | -37.8% |
| 2017 | 47.1 | 38.92% |
| 2016 | 33.9 | -25.53% |
| 2015 | 45.5 | 10.81% |
| 2014 | 41.1 | 50% |
| 2013 | 27.4 | -32.37% |
| 2012 | 40.5 | 88.04% |
| 2011 | 21.5 | -17.55% |
| 2010 | 26.1 | 6.77% |
| 2009 | 24.5 |
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.