Toshiba
6502.T
#8828
Rank
$0 M
Marketcap
$30.61
Share price
-0.11%
Change (1 day)
-8.49%
Change (1 year)

P/E ratio for Toshiba (6502.T)

P/E ratio on February 21, 2024 (TTM): 24.8

According to Toshiba 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.772. At the end of 2022 the company had a P/E ratio of 12.2.

P/E ratio history for Toshiba from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.27.69%
202111.3-39.28%
202018.7-219.96%
2019-15.6-1673.51%
20180.9902-130.64%
2017-3.2338.34%
2016-2.3437.88%
2015-1.69-110.06%
201416.8-44.5%
201330.3146.11%
201212.3-1.59%
201112.5-37.86%
201020.2-387.69%
2009-7.01-6.24%
2008-7.48

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.