Toyo Tire
5105.T
#3912
Rank
$1.72 B
Marketcap
$11.20
Share price
0.84%
Change (1 day)
-30.78%
Change (1 year)
Categories
Toyo Tire Corporation is a Japanese tire manufacturer producing tires for cars, commercial vehicles, off-road vehicles and trucks.

P/E ratio for Toyo Tire (5105.T)

P/E ratio as of November 2022 (TTM): 5.23

According to Toyo Tire's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.22795. At the end of 2021 the company had a P/E ratio of 6.68.

P/E ratio history for Toyo Tire from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.68-67.68%
202020.7111.74%
20199.76-41.02%
201816.5-13.39%
201719.1-226.74%
2016-15.1-108.27%
20151821778.89%
20149.70-26.07%
201313.1166.69%
20124.92-95.03%
201199.0429.58%
201018.7-773.15%
2009-2.78-125.25%
200811.0-35.67%
200717.1-16.68%
200620.5107.04%
20059.910.82%
20049.83

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.