According to Tokyo Century's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.00916. At the end of 2022 the company had a P/E ratio of -41.0.
Year | P/E ratio | Change |
---|---|---|
2022 | -41.0 | -1361.15% |
2021 | 3.25 | -25.06% |
2020 | 4.33 | 45.47% |
2019 | 2.98 | 31.57% |
2018 | 2.26 | -26.15% |
2017 | 3.07 | 19.24% |
2016 | 2.57 | -8.71% |
2015 | 2.82 | 12.83% |
2014 | 2.50 | -6.34% |
2013 | 2.67 | 43.53% |
2012 | 1.86 | 29.54% |
2011 | 1.43 | 20.12% |
2010 | 1.19 | -31.14% |
2009 | 1.73 |
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.