Elecom
6750.T
#6072
Rank
HK$5.64 B
Marketcap
HK$73.91
Share price
0.07%
Change (1 day)
-19.32%
Change (1 year)

P/E ratio for Elecom (6750.T)

P/E ratio as of December 2024 (TTM): 10.6

According to Elecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.569. At the end of 2023 the company had a P/E ratio of 13.1.

P/E ratio history for Elecom from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202313.1-1.19%
202213.3-35.29%
202120.525.18%
202016.4-9.76%
201918.230.61%
201813.94.14%
201713.4-18.71%
201616.436.43%
201512.06.74%
201411.330.7%
20138.63-19.95%
201210.861.83%
20116.66-65%
201019.0

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.