P/E ratio for TODA corp (1860.T)
P/E ratio as of April 2024 (TTM): 28.8
According to TODA corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.8493. At the end of 2022 the company had a P/E ratio of 16.3.
P/E ratio history for TODA corp from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.3 | 60.1% |
| 2021 | 10.2 | -10.94% |
| 2020 | 11.4 | 54.18% |
| 2019 | 7.40 | -17.92% |
| 2018 | 9.02 | 23.73% |
| 2017 | 7.29 | -7.09% |
| 2016 | 7.84 | -26.56% |
| 2015 | 10.7 | -37.21% |
| 2014 | 17.0 | -141.62% |
| 2013 | -40.9 | 3104.35% |
| 2012 | -1.28 | -94.69% |
| 2011 | -24.0 | -220.55% |
| 2010 | 19.9 | -9.39% |
| 2009 | 22.0 |
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.