Tōkyō Gas
9531.T
#1726
Rank
$7.84 B
Marketcap
$18.10
Share price
-1.78%
Change (1 day)
3.43%
Change (1 year)

P/E ratio for Tōkyō Gas (9531.T)

P/E ratio as of December 2022 (TTM): 8.83

According to Tōkyō Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.83017. At the end of 2022 the company had a P/E ratio of 11.3.

P/E ratio history for Tōkyō Gas from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202211.3-49.26%
202122.2-17.69%
202027.068.36%
201916.0-6.76%
201817.2-19.68%
201721.493.36%
201611.1-42.82%
201519.461.39%
201412.0-4.23%
201312.5-43.15%
201222.0109.91%
201110.5-49.28%
201020.7-10.15%
200923.0-10.89%
200825.847.53%
200717.5-20.59%
200622.162.21%
200513.6-42.82%
200423.836.14%
200317.50.52%
200217.4-50.1%
200134.8

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.