Odakyu Electric Railway
9007.T
#3486
Rank
A$5.03 B
Marketcap
$14.44
Share price
-1.26%
Change (1 day)
-36.85%
Change (1 year)

P/E ratio for Odakyu Electric Railway (9007.T)

P/E ratio as of December 2024 (TTM): 9.74

According to Odakyu Electric Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.74422. At the end of 2022 the company had a P/E ratio of 87.7.

P/E ratio history for Odakyu Electric Railway from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202287.7-154.29%
2021-161184.73%
2020-56.7-260.82%
201935.312.52%
201831.34.44%
201730.00.19%
201629.9-4.92%
201531.59.37%
201428.8-7.72%
201331.225.12%
201224.9-57.86%
201159.252.75%
201038.7-19.35%
200948.0

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.