P/E ratio for Tokio Marine (8766.T)
P/E ratio as of April 2024 (TTM): 22.7
According to Tokio Marine's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.704. At the end of 2022 the company had a P/E ratio of 17.9.
P/E ratio history for Tokio Marine from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.9 | 71.94% |
| 2021 | 10.4 | -58.99% |
| 2020 | 25.4 | 64.64% |
| 2019 | 15.4 | 40.48% |
| 2018 | 11.0 | -41.4% |
| 2017 | 18.7 | 56.11% |
| 2016 | 12.0 | -27.6% |
| 2015 | 16.6 | 36.12% |
| 2014 | 12.2 | -13.16% |
| 2013 | 14.0 | -13.32% |
| 2012 | 16.2 | -205.36% |
| 2011 | -15.3 | -226.29% |
| 2010 | 12.1 | -21.64% |
| 2009 | 15.5 |
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.