Azbil Corporation
6845.T
#2962
Rank
HK$33.43 B
Marketcap
HK$63.29
Share price
0.64%
Change (1 day)
-0.28%
Change (1 year)

P/E ratio for Azbil Corporation (6845.T)

P/E ratio as of November 2024 (TTM): 14.0

According to Azbil Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9678. At the end of 2024 the company had a P/E ratio of 4.75.

P/E ratio history for Azbil Corporation from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20244.75-10.43%
20235.30-23.92%
20226.97-17.23%
20218.4265.28%
20205.102.72%
20194.96-1.42%
20185.03-2.7%
20175.17-19.88%
20166.46-22.99%
20158.3837.15%
20146.1143.63%
20134.267.3%
20123.97-15.98%
20114.72-28.18%
20106.57101.66%
20093.26-35.75%
20085.077.56%
20074.72-9.58%
20065.22-18.95%
20056.44

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.