P/E ratio for TS TECH (7313.T)
P/E ratio as of April 2024 (TTM): 31.7
According to TS TECH's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.7208. At the end of 2022 the company had a P/E ratio of 25.6.
P/E ratio history for TS TECH from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.6 | 50.27% |
| 2021 | 17.0 | 34.51% |
| 2020 | 12.7 | 16.22% |
| 2019 | 10.9 | 59.02% |
| 2018 | 6.86 | -45.07% |
| 2017 | 12.5 | 26.12% |
| 2016 | 9.90 | 4.42% |
| 2015 | 9.48 | 10.66% |
| 2014 | 8.56 | -20.51% |
| 2013 | 10.8 | 66.14% |
| 2012 | 6.49 | -72.45% |
| 2011 | 23.5 | 172.95% |
| 2010 | 8.62 | -90.07% |
| 2009 | 86.8 |
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.