Tokai Carbon
5301.T
#3943
Rank
$1.70 B
Marketcap
$7.99
Share price
-1.92%
Change (1 day)
-23.76%
Change (1 year)

P/E ratio for Tokai Carbon (5301.T)

P/E ratio as of December 2022 (TTM): 8.00

According to Tokai Carbon 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.99891. At the end of 2021 the company had a P/E ratio of 16.0.

P/E ratio history for Tokai Carbon from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202116.0-94.08%
20202703599.38%
20197.30102.93%
20183.59-85.72%
201725.2-347.67%
2016-10.2-134.61%
201529.4-0.77%
201429.6-54.21%
201364.668.1%
201238.4163.54%
201114.6-24.77%
201019.4-48.25%
200937.5410.56%
20087.34-61%
200718.8-11.23%
200621.21.32%
200520.9-35.46%
200432.474.43%
200318.6-42.65%
200232.4

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.