Maxvalu Tokai
8198.T
#6209
Rank
NZ$1.14 B
Marketcap
$35.80
Share price
-0.31%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Maxvalu Tokai (8198.T)

P/E ratio as of November 2024 (TTM): 15.0

According to Maxvalu Tokai's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.951. At the end of 2024 the company had a P/E ratio of 11.4.

P/E ratio history for Maxvalu Tokai from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202411.4-18.85%
202314.114.49%
202212.3-29.67%
202117.5-2.04%
202017.916.32%
201915.410.67%
201813.934.86%
201710.3-35.11%
201615.9-31.42%
201523.137.46%
201416.817.02%
201314.413.17%
201212.78.56%
201111.7-3.97%
201012.242.91%
20098.53

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.