P/E ratio for World Holdings (2429.T)
P/E ratio as of May 2024 (TTM): 7.71
According to World Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.71221. At the end of 2022 the company had a P/E ratio of 8.50.
P/E ratio history for World Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.50 | -10.89% |
| 2021 | 9.54 | 62.8% |
| 2020 | 5.86 | -46.59% |
| 2019 | 11.0 | 39.69% |
| 2018 | 7.86 | -39.48% |
| 2017 | 13.0 | 75.46% |
| 2016 | 7.40 | 17.82% |
| 2015 | 6.28 | -34.13% |
| 2014 | 9.53 | -27.03% |
| 2013 | 13.1 | 72.39% |
| 2012 | 7.58 | -51.45% |
| 2011 | 15.6 | -71.62% |
| 2010 | 55.0 |
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.