P/E ratio for Tokyu (9005.T)
P/E ratio as of April 2024 (TTM): 27.1
According to Tokyu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1259. At the end of 2022 the company had a P/E ratio of 354.
P/E ratio history for Tokyu from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 354 | -78.23% |
| 2021 | > 1000 | -6419.4% |
| 2020 | -25.7 | -219.71% |
| 2019 | 21.5 | 7.31% |
| 2018 | 20.0 | 31.86% |
| 2017 | 15.2 | 16.74% |
| 2016 | 13.0 | -34.82% |
| 2015 | 20.0 | -4.87% |
| 2014 | 21.0 | 44.55% |
| 2013 | 14.5 | -21.22% |
| 2012 | 18.4 | 86.95% |
| 2011 | 9.85 | -40.12% |
| 2010 | 16.5 | -94.92% |
| 2009 | 324 |
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.