P/E ratio for Toagosei (4045.T)
P/E ratio as of April 2024 (TTM): 16.5
According to Toagosei's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5341. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for Toagosei from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | 2.68% |
| 2021 | 10.7 | -44.89% |
| 2020 | 19.4 | 20.53% |
| 2019 | 16.1 | 28.61% |
| 2018 | 12.5 | -14.47% |
| 2017 | 14.6 | 33.25% |
| 2016 | 11.0 | -46.41% |
| 2015 | 20.5 | 36.33% |
| 2014 | 15.0 | 21.69% |
| 2013 | 12.3 | 34.81% |
| 2012 | 9.16 | 47.58% |
| 2011 | 6.21 | -14.98% |
| 2010 | 7.30 | -70.98% |
| 2009 | 25.2 |
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.