Toray Industries, Inc.
3402
Rank in Stocks
#1835
Headquartered in Tokyo, Japan, Toray Industries, Inc. is a global conglomerate,... Headquartered in Tokyo, Japan, Toray Industries, Inc. is a global conglomerate, established in 1926, that develops, manufactures, and distributes a comprehensive range of advanced materials and innovative products. Through its worldwide network of subsidiaries, the company's extensive operations encompass several key divisions. It produces a wide variety of fibers and textiles, including filament and staple yarns, spun yarns, and woven and knitted fabrics made from materials like nylon, polyester, and acrylics, alongside non-woven textiles and apparel. Its performance chemicals segment delivers specialized resins (such as ABS, PBT, and PPS), molded plastic goods, polyolefin foams, diverse films, raw materials for synthetics, fine chemicals, and electronic and graphic materials. Toray is also a prominent supplier of carbon fibers and their composite materials. Beyond material science, the firm provides environmental and engineering solutions, including water treatment systems, industrial machinery, IT-related equipment, and construction materials. Additionally, it operates in the life sciences sector, offering pharmaceuticals and medical devices, and provides analytical and research services. Originally founded as Toyo Rayon Co., Ltd., the company rebranded to Toray Industries, Inc. in 1970, serving customers across Japan, China, North America, Europe, and numerous other international markets.
Share Price
$7.97
Market Cap
$11.61B
Change (1 day)
-1.53%
Change (1 year)
29.27%
Country
JP
Trade Toray Industries, Inc. (3402)
Category
Basic Materials
P/E ratio for Toray Industries, Inc. (3402)
P/E ratio as of October 2026 TTM: 19.35
According to Toray Industries, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.35. At the end of 2024 the company had a P/E ratio of 52.29.
P/E ratio history for Toray Industries, Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 19.35 | -6.79% |
| 2025 | 20.76 | -60.29% |
| 2024 | 52.29 | 214.44% |
| 2023 | 16.63 | 36.99% |
| 2022 | 12.14 | -51.25% |
| 2021 | 24.90 | 84.86% |
| 2020 | 13.47 | -7.57% |
| 2019 | 14.57 | -13.17% |
| 2018 | 16.78 | 5.72% |
| 2017 | 15.88 | -6.68% |
| 2016 | 17.01 | -25.10% |
| 2015 | 22.71 | 21.87% |
| 2014 | 18.64 | -8.80% |
| 2013 | 20.44 | 31.18% |
| 2012 | 15.58 | -6.25% |
| 2011 | 16.62 | -130.79% |
| 2010 | -53.97 | 59.35% |
| 2009 | -33.87 | -279.76% |
| 2008 | 18.84 | -7.48% |
| 2007 | 20.36 | 24.38% |
| 2006 | 16.37 | 30.86% |
| 2005 | 12.51 | -61.36% |
| 2004 | 32.38 | -49.16% |
| 2003 | 63.68 | -50.55% |
| 2002 | 128.78 | 208.31% |
| 2001 | 41.77 | -594.28% |
| 2000 | -8.45 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 31.66 | 63.63% |
GB
|
|
| - | - |
FR
|
|
| 29.64 | 53.16% |
US
|
|
| 38.37 | 98.30% |
US
|
|
| -1.41K | -7,367.89% |
US
|
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.