Tokyo Electron
8035.T
#152
Rank
$104.46 B
Marketcap
$226.17
Share price
-6.18%
Change (1 day)
54.68%
Change (1 year)

P/E ratio for Tokyo Electron (8035.T)

P/E ratio as of July 2024 (TTM): 32.8

According to Tokyo Electron's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.7729. At the end of 2022 the company had a P/E ratio of 37.9.

P/E ratio history for Tokyo Electron from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202237.9-51.62%
202178.3-5.96%
202083.338.76%
201960.0150.59%
201824.0-57.38%
201756.2-10.48%
201662.854.14%
201540.7-55.9%
201492.4-185.33%
2013-108-142.87%
2012252466.74%
201144.5-4.31%
201046.6-126.88%
2009-173

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.3 10.62%๐Ÿ‡บ๐Ÿ‡ธ USA

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.