P/E ratio for Toho Gas (9533.T)
P/E ratio as of April 2023 (TTM): 6.67
According to Toho Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.67163. At the end of 2022 the company had a P/E ratio of 18.8.
P/E ratio history for Toho Gas from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.8 | -78.37% |
| 2021 | 86.8 | 155.83% |
| 2020 | 33.9 | -6.4% |
| 2019 | 36.2 | 87.58% |
| 2018 | 19.3 | -18.45% |
| 2017 | 23.7 | 134.55% |
| 2016 | 10.1 | -49.3% |
| 2015 | 19.9 | -26.16% |
| 2014 | 27.0 | -27.6% |
| 2013 | 37.3 | 19.72% |
| 2012 | 31.1 | 89.77% |
| 2011 | 16.4 | -36.59% |
| 2010 | 25.9 | -43.24% |
| 2009 | 45.6 | 92.57% |
| 2008 | 23.7 | -3.51% |
| 2007 | 24.5 | 8.66% |
| 2006 | 22.6 | 69.31% |
| 2005 | 13.3 |
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.