Daiseki
9793.T
#5222
Rank
C$1.67 B
Marketcap
$34.96
Share price
1.31%
Change (1 day)
-1.66%
Change (1 year)

P/E ratio for Daiseki (9793.T)

P/E ratio as of November 2024 (TTM): 19.3

According to Daiseki's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2833. At the end of 2022 the company had a P/E ratio of 26.4.

P/E ratio history for Daiseki from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.4-18.98%
202132.559.13%
202020.45.86%
201919.322.32%
201815.8-37.14%
201725.1-5.51%
201626.617.47%
201522.6-2.43%
201423.2-6.14%
201324.731.23%
201218.83.89%
201118.1-24.76%
201024.1

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.