Tobu Railway
9001.T
#3291
Rank
$3.54 B
Marketcap
$17.13
Share price
0.99%
Change (1 day)
-34.01%
Change (1 year)

P/E ratio for Tobu Railway (9001.T)

P/E ratio as of July 2024 (TTM): 13.5

According to Tobu Railway 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4866. At the end of 2022 the company had a P/E ratio of 21.7.

P/E ratio history for Tobu Railway from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.7-63.7%
202159.9-267.38%
2020-35.8-286.48%
201919.2-43.73%
201834.186.8%
201718.3-0.01%
201618.3-25%
201524.336.59%
201417.89.5%
201316.3-16.43%
201219.5-38.02%
201131.412.96%
201027.817.44%
200923.7

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.