P/E ratio for Toyota Industries (6201.T)
P/E ratio as of March 2023 (TTM): 7.81
According to Toyota Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.81062. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Toyota Industries from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | -34.6% |
| 2021 | 22.5 | 96.74% |
| 2020 | 11.4 | -1.53% |
| 2019 | 11.6 | -2.38% |
| 2018 | 11.9 | -9.7% |
| 2017 | 13.2 | 52.49% |
| 2016 | 8.63 | -54.27% |
| 2015 | 18.9 | 12.8% |
| 2014 | 16.7 | -13.6% |
| 2013 | 19.4 | 45.92% |
| 2012 | 13.3 | -19.71% |
| 2011 | 16.5 | -152.22% |
| 2010 | -31.7 | 54.14% |
| 2009 | -20.5 | -248.15% |
| 2008 | 13.9 | -63.69% |
| 2007 | 38.2 | 16.49% |
| 2006 | 32.8 | 48.56% |
| 2005 | 22.1 |
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.