P/E ratio for Z Holdings (4689.T)
P/E ratio as of May 2023 (TTM): 13.8
According to Z Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.756. At the end of 2022 the company had a P/E ratio of 53.3.
P/E ratio history for Z Holdings from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 53.3 | 33.45% |
| 2021 | 40.0 | 95.5% |
| 2020 | 20.4 | 10.76% |
| 2019 | 18.5 | -13.93% |
| 2018 | 21.4 | 0.07% |
| 2017 | 21.4 | 34.02% |
| 2016 | 16.0 | -23.91% |
| 2015 | 21.0 | -10.11% |
| 2014 | 23.4 | 12.03% |
| 2013 | 20.9 | 35.08% |
| 2012 | 15.4 | -16.46% |
| 2011 | 18.5 | -23.03% |
| 2010 | 24.0 | 11.71% |
| 2009 | 21.5 | -56.26% |
| 2008 | 49.2 | 15.95% |
| 2007 | 42.4 | -7.85% |
| 2006 | 46.0 | -12.27% |
| 2005 | 52.5 | -47.17% |
| 2004 | 99.3 |
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.