P/E ratio for Welcia Holdings (3141.T)
P/E ratio as of April 2024 (TTM): 16.4
According to Welcia Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3747. At the end of 2022 the company had a P/E ratio of 23.4.
P/E ratio history for Welcia Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.4 | -16.82% |
| 2021 | 28.2 | -0.99% |
| 2020 | 28.5 | -20.54% |
| 2019 | 35.8 | 19.21% |
| 2018 | 30.1 | 2.21% |
| 2017 | 29.4 | 5.61% |
| 2016 | 27.8 | |
| 2014 | 19.8 | 49.47% |
| 2013 | 13.2 | 52.25% |
| 2012 | 8.70 | 32.87% |
| 2011 | 6.54 | -26.64% |
| 2010 | 8.92 |
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.