P/E ratio for Tokio Marine (8766.T)
P/E ratio as of June 2023 (TTM): 11.1
According to Tokio Marine's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1166. At the end of 2022 the company had a P/E ratio of 35.7.
P/E ratio history for Tokio Marine from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.7 | 55.04% |
| 2021 | 23.0 | 67.16% |
| 2020 | 13.8 | -3% |
| 2019 | 14.2 | 14.81% |
| 2018 | 12.4 | -5.3% |
| 2017 | 13.1 | 13.51% |
| 2016 | 11.5 | -18.93% |
| 2015 | 14.2 | 9.63% |
| 2014 | 12.9 | -17.15% |
| 2013 | 15.6 | -94.62% |
| 2012 | 290 | 1121.46% |
| 2011 | 23.8 | 48.63% |
| 2010 | 16.0 | -81.69% |
| 2009 | 87.4 | 204.62% |
| 2008 | 28.7 | -26.26% |
| 2007 | 38.9 | 55.64% |
| 2006 | 25.0 | 14107.09% |
| 2005 | 0.1759 | 101.84% |
| 2004 | 0.0871 | 713.52% |
| 2003 | 0.0107 | -63.66% |
| 2002 | 0.0295 | 128.57% |
| 2001 | 0.0129 |
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.