Tsuruha Holdings
3391.T
#2960
Rank
$3.29 B
Marketcap
$66.63
Share price
2.71%
Change (1 day)
-40.76%
Change (1 year)

P/E ratio for Tsuruha Holdings (3391.T)

P/E ratio as of December 2022 (TTM): 10.7

According to Tsuruha Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7348. At the end of 2022 the company had a P/E ratio of 15.8.

P/E ratio history for Tsuruha Holdings from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202215.8-34.23%
202124.0-14.1%
202028.064.39%
201917.0-45.67%
201831.330.01%
201724.1-13.93%
201628.09.47%
201525.642.87%
201417.922.8%
201314.642.26%
201210.2-7.99%
201111.11.78%
201010.92.94%
200910.6-24.28%
200814.0-61.63%
200736.6-6.42%
200639.1

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.