P/E ratio for Tobu Railway (9001.T)
P/E ratio as of May 2023 (TTM): 79.0
According to Tobu Railway 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 78.9928. At the end of 2022 the company had a P/E ratio of 46.6.
P/E ratio history for Tobu Railway from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.6 | -282.53% |
| 2021 | -25.5 | -212.25% |
| 2020 | 22.7 | -6.74% |
| 2019 | 24.4 | 28.5% |
| 2018 | 19.0 | 12.61% |
| 2017 | 16.9 | -23.81% |
| 2016 | 22.1 | 8.72% |
| 2015 | 20.3 | 20.58% |
| 2014 | 16.9 | -11.11% |
| 2013 | 19.0 | -35.17% |
| 2012 | 29.3 | 30.66% |
| 2011 | 22.4 | -28.58% |
| 2010 | 31.4 | 15.91% |
| 2009 | 27.1 | 6.86% |
| 2008 | 25.3 | 118.62% |
| 2007 | 11.6 | -41.15% |
| 2006 | 19.7 | -33.68% |
| 2005 | 29.7 |
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.