Toho Co.
9602.T
#2446
Rank
$5.72 B
Marketcap
$32.70
Share price
-1.41%
Change (1 day)
-13.74%
Change (1 year)
Categories

P/E ratio for Toho Co. (9602.T)

P/E ratio as of March 2024 (TTM): 23.5

According to Toho Co.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5046. At the end of 2022 the company had a P/E ratio of 24.5.

P/E ratio history for Toho Co. from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.5-33.64%
202136.9-12.83%
202042.385.79%
201922.8-7.27%
201824.616.16%
201721.116.15%
201618.2-22.78%
201523.610.41%
201421.4-25.08%
201328.572.4%
201216.5-54.6%
201136.453.05%
201023.8

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.