P/E ratio for Toyota Industries (6201.T)
P/E ratio as of November 2023 (TTM): 17.3
According to Toyota Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2581. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Toyota Industries from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | -20% |
| 2021 | 15.0 | -25.2% |
| 2020 | 20.1 | 59.36% |
| 2019 | 12.6 | 18.54% |
| 2018 | 10.6 | -22.46% |
| 2017 | 13.7 | 6.7% |
| 2016 | 12.9 | 16.99% |
| 2015 | 11.0 | -34.06% |
| 2014 | 16.7 | -0.05% |
| 2013 | 16.7 | 16.56% |
| 2012 | 14.3 | 4.81% |
| 2011 | 13.7 | -97.8% |
| 2010 | 622 | -3622.16% |
| 2009 | -17.7 |
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.