Takasago Thermal Engineering
1969.T
#3565
Rank
$3.94 B
Marketcap
$30.13
Share price
2.94%
Change (1 day)
-20.62%
Change (1 year)

P/E ratio for Takasago Thermal Engineering (1969.T)

P/E ratio as of February 2026 (TTM): 46.8

According to Takasago Thermal Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.7722. At the end of 2025 the company had a P/E ratio of 26.9.

P/E ratio history for Takasago Thermal Engineering from 2009 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202526.9-12.49%
202430.845.14%
202321.210.43%
202219.2-10.19%
202121.436.3%
202015.7-10.35%
201917.5-10.94%
201819.6-7.73%
201721.3-14.89%
201625.0-23.27%
201532.610.45%
201429.5-19.11%
201336.5123.99%
201216.3-34.87%
201125.040.31%
201017.8-20.59%
200922.4-16.01%
200826.7-16.68%
200732.1-10.52%
200635.8-77.79%
2005161

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.