Tokyu
9005.T
#2246
Rank
$6.68 B
Marketcap
$11.15
Share price
1.47%
Change (1 day)
-7.98%
Change (1 year)

P/E ratio for Tokyu (9005.T)

P/E ratio as of July 2024 (TTM): 24.8

According to Tokyu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.841. 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
2022354-78.23%
2021> 1000-6419.4%
2020-25.7-219.71%
201921.57.31%
201820.031.86%
201715.216.74%
201613.0-34.82%
201520.0-4.87%
201421.044.55%
201314.5-21.22%
201218.486.95%
20119.85-40.12%
201016.5-94.92%
2009324

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.