P/E ratio for Tokyo Electron (8035.T)
P/E ratio as of May 2024 (TTM): 34.3
According to Tokyo Electron's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.3347. 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 |
|---|---|---|
| 2022 | 37.9 | -51.62% |
| 2021 | 78.3 | -5.96% |
| 2020 | 83.3 | 38.76% |
| 2019 | 60.0 | 150.59% |
| 2018 | 24.0 | -57.38% |
| 2017 | 56.2 | -10.48% |
| 2016 | 62.8 | 54.14% |
| 2015 | 40.7 | -55.9% |
| 2014 | 92.4 | -185.33% |
| 2013 | -108 | -142.87% |
| 2012 | 252 | 466.74% |
| 2011 | 44.5 | -4.31% |
| 2010 | 46.6 | -126.88% |
| 2009 | -173 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lam Research LRCX | 32.0 | -6.94% | 🇺🇸 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.