P/E ratio for Tose Software (4728.T)
P/E ratio as of April 2024 (TTM): 8.63
According to Tose Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.63069. At the end of 2022 the company had a P/E ratio of 16.2.
P/E ratio history for Tose Software from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.2 | -5.68% |
| 2021 | 17.2 | -69.6% |
| 2020 | 56.6 | 166.72% |
| 2019 | 21.2 | -27.87% |
| 2018 | 29.4 | -57% |
| 2017 | 68.4 | 45.92% |
| 2016 | 46.9 | 142.22% |
| 2015 | 19.4 | -29.47% |
| 2014 | 27.4 | 140.37% |
| 2013 | 11.4 | -21.12% |
| 2012 | 14.5 | -18.48% |
| 2011 | 17.8 | -97.83% |
| 2010 | 820 |
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.