P/E ratio for Terumo (4543.T)
P/E ratio as of April 2024 (TTM): 19.4
According to Terumo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4068. At the end of 2022 the company had a P/E ratio of 32.3.
P/E ratio history for Terumo from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.3 | -20.56% |
| 2021 | 40.7 | -3.88% |
| 2020 | 42.3 | 31.42% |
| 2019 | 32.2 | 1.17% |
| 2018 | 31.8 | 68.81% |
| 2017 | 18.8 | -53.04% |
| 2016 | 40.1 | 36.58% |
| 2015 | 29.4 | -14.03% |
| 2014 | 34.2 | 110.23% |
| 2013 | 16.3 | -32.32% |
| 2012 | 24.0 | -6.4% |
| 2011 | 25.7 | 7.49% |
| 2010 | 23.9 | -12.02% |
| 2009 | 27.1 |
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.