Calbee, Inc.
2229.T
#3917
Rank
ยฃ1.97 B
Marketcap
ยฃ15.78
Share price
0.16%
Change (1 day)
7.74%
Change (1 year)
Categories

P/E ratio for Calbee, Inc. (2229.T)

P/E ratio as of November 2024 (TTM): 16.3

According to Calbee, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2508. At the end of 2024 the company had a P/E ratio of 21.6.

P/E ratio history for Calbee, Inc. from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202421.6-10.25%
202324.137.07%
202217.6-19.27%
202121.8-3.43%
202022.68.81%
201920.7-23.58%
201827.1-0.83%
201727.4-24.38%
201636.2-27.2%
201549.788.25%
201426.40.71%
201326.237.03%
201219.123.69%
201115.5

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.