Fast Retailing
9983.T
#217
Rank
$81.16 B
Marketcap
$264.61
Share price
-0.79%
Change (1 day)
7.15%
Change (1 year)

P/E ratio for Fast Retailing (9983.T)

P/E ratio as of July 2024 (TTM): 41.0

According to Fast Retailing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.0255. At the end of 2022 the company had a P/E ratio of 31.1.

P/E ratio history for Fast Retailing from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.1-10.07%
202134.6-67.12%
2020105153.51%
201941.57.95%
201838.47.43%
201735.7-41.57%
201661.225.57%
201548.710.04%
201444.38.25%
201340.945.22%
201228.224.08%
201122.7-14.57%
201026.6-6.67%
200928.5

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.