P/E ratio for TOTO (5332.T)
P/E ratio as of May 2024 (TTM): 18.4
According to TOTO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4432. At the end of 2022 the company had a P/E ratio of 17.3.
P/E ratio history for TOTO from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.3 | -17.25% |
| 2021 | 20.9 | -63.44% |
| 2020 | 57.2 | 131.68% |
| 2019 | 24.7 | 25.82% |
| 2018 | 19.6 | -39.77% |
| 2017 | 32.6 | 34.15% |
| 2016 | 24.3 | 15.48% |
| 2015 | 21.0 | 30.31% |
| 2014 | 16.2 | 7.11% |
| 2013 | 15.1 | 10.39% |
| 2012 | 13.7 | -28.34% |
| 2011 | 19.1 | -41.45% |
| 2010 | 32.6 | -366.44% |
| 2009 | -12.2 |
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.