P/E ratio for Tokyu (9005.T)
P/E ratio as of June 2023 (TTM): 78.3
According to Tokyu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 78.3104. At the end of 2022 the company had a P/E ratio of 113.
P/E ratio history for Tokyu from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 113 | -794.11% |
| 2021 | -16.3 | -165.51% |
| 2020 | 24.8 | 20.7% |
| 2019 | 20.6 | 43.12% |
| 2018 | 14.4 | -0.48% |
| 2017 | 14.4 | -31.92% |
| 2016 | 21.2 | -9.71% |
| 2015 | 23.5 | 67.03% |
| 2014 | 14.1 | -28.61% |
| 2013 | 19.7 | 43.7% |
| 2012 | 13.7 | 26.93% |
| 2011 | 10.8 | -67.03% |
| 2010 | 32.7 | -33.82% |
| 2009 | 49.5 | 262.56% |
| 2008 | 13.6 | -28.53% |
| 2007 | 19.1 | -14.17% |
| 2006 | 22.3 | 24.95% |
| 2005 | 17.8 | -130.58% |
| 2004 | -58.2 | -145.77% |
| 2003 | 127 | 234% |
| 2002 | 38.1 | -291.61% |
| 2001 | -19.9 |
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.