Tokyu Fudosan Holdings
3289.T
#2939
Rank
โ‚ฌ4.20 B
Marketcap
5,89ย โ‚ฌ
Share price
-0.97%
Change (1 day)
4.34%
Change (1 year)

P/E ratio for Tokyu Fudosan Holdings (3289.T)

P/E ratio as of November 2024 (TTM): 10.8

According to Tokyu Fudosan Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7947. At the end of 2022 the company had a P/E ratio of 12.4.

P/E ratio history for Tokyu Fudosan Holdings from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.47.3%
202111.5-18.48%
202014.1-9.42%
201915.635.35%
201811.5-9.22%
201712.7-13.98%
201614.88.44%
201513.6-8.15%
201414.8-82.28%
201383.7

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.