P/E ratio for Trend Micro (4704.T)
P/E ratio as of April 2024 (TTM): 36.6
According to Trend Micro 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.6289. At the end of 2022 the company had a P/E ratio of 28.7.
P/E ratio history for Trend Micro from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.7 | 23.8% |
| 2021 | 23.2 | -24.4% |
| 2020 | 30.7 | 10.21% |
| 2019 | 27.9 | -4.59% |
| 2018 | 29.2 | -14.51% |
| 2017 | 34.2 | 47.72% |
| 2016 | 23.1 | -26% |
| 2015 | 31.3 | 55.07% |
| 2014 | 20.2 | -19.2% |
| 2013 | 24.9 | -1.66% |
| 2012 | 25.4 | 44.76% |
| 2011 | 17.5 | -37.73% |
| 2010 | 28.1 | 4.36% |
| 2009 | 27.0 | |
| 2005 | 32.2 |
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.