Morinaga Milk Industry
2264.T
#4773
Rank
S$2.07 B
Marketcap
$24.88
Share price
-1.17%
Change (1 day)
0.40%
Change (1 year)

P/E ratio for Morinaga Milk Industry (2264.T)

P/E ratio as of December 2024 (TTM): 3.33

According to Morinaga Milk Industry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.32641. At the end of 2024 the company had a P/E ratio of 4.48.

P/E ratio history for Morinaga Milk Industry from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20244.48-65.33%
202312.967.86%
20227.70-51.02%
202115.741.74%
202011.1-17.89%
201913.5-0.55%
201813.6-25.73%
201718.328.65%
201614.2-48.05%
201527.361.91%
201416.923.07%
201313.7-22.35%
201217.745.22%
201112.26.54%
201011.4-37.99%
200918.4-52.73%
200839.041.26%
200727.6-2.34%
200628.272.36%
200516.4

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.