Toyo Suisan
2875.T
#2296
Rank
$6.23 B
Marketcap
$61.06
Share price
-2.10%
Change (1 day)
44.49%
Change (1 year)
Categories

P/E ratio for Toyo Suisan (2875.T)

P/E ratio as of March 2024 (TTM): 24.9

According to Toyo Suisan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.9011. At the end of 2022 the company had a P/E ratio of 17.7.

P/E ratio history for Toyo Suisan from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.7-12.11%
202120.113.24%
202017.8-21.22%
201922.6-2.63%
201823.2-6.39%
201724.813.56%
201621.8-6.64%
201523.43.07%
201422.755.41%
201314.621.61%
201212.0-30.59%
201117.334.73%
201012.87.32%
200911.9

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.