According to Japan Display's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.3326. At the end of 2024 the company had a P/E ratio of -3.07.
Year | P/E ratio | Change |
---|---|---|
2024 | -3.07 | -59.08% |
2023 | -7.51 | -64.5% |
2022 | -21.2 | 690.18% |
2021 | -2.68 | 550.08% |
2020 | -0.4118 | -31.32% |
2019 | -0.5996 | 27.72% |
2018 | -0.4695 | -90.38% |
2017 | -4.88 | 20.19% |
2016 | -4.06 | -80.35% |
2015 | -20.7 | -488.83% |
2014 | 5.31 |
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.