P/E ratio for Taiyo Yuden (6976.T)
P/E ratio as of April 2024 (TTM): 34.5
According to Taiyo Yuden's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.5433. At the end of 2022 the company had a P/E ratio of 12.1.
P/E ratio history for Taiyo Yuden from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.1 | -26.04% |
| 2021 | 16.4 | -51.65% |
| 2020 | 33.9 | 88.54% |
| 2019 | 18.0 | 112.63% |
| 2018 | 8.47 | -46.26% |
| 2017 | 15.8 | -49.09% |
| 2016 | 30.9 | 201.58% |
| 2015 | 10.3 | -57.37% |
| 2014 | 24.1 | -16.42% |
| 2013 | 28.8 | -322.39% |
| 2012 | -12.9 | 204.92% |
| 2011 | -4.25 | -91.49% |
| 2010 | -49.9 | 239.33% |
| 2009 | -14.7 |
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.