Morinaga Milk Industry Co Ltd (MGGNF)
Morinaga Milk Industry PE Ratio
PE Ratio Chart
Historical Data
Price to Earnings Ratio (PE Ratio) Definition
The Price to Earnings Ratio (PE Ratio) is calculated by taking the stock price / EPS Diluted (TTM). This metric is considered a valuation metric that confirms whether the earnings of a company justifies the stock price. There isn't necesarily an optimum PE ratio, since different industries will have different ranges of PE Ratios. Because of this, PE Ratio is great to evaluate from a relative standpoint with other similar companies.
PE Ratio Range, Past 5 Years
PE Ratio Benchmarks
Kirin Holdings Co Ltd | 15.52 |
Coca-Cola Bottlers Japan Holdings Inc | 54.51 |
Asahi Group Holdings Ltd | 14.00 |
Takara Holdings Inc | 12.74 |
Sapporo Holdings Ltd | 28.98 |