Chiba Bank
CHBAY
#2688
Rank
$4.03 B
Marketcap
$27.30
Share price
0.00%
Change (1 day)
-6.92%
Change (1 year)

P/E ratio for Chiba Bank (CHBAY)

P/E ratio as of December 2022 (TTM): 7.92

According to Chiba Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.92044. At the end of 2022 the company had a P/E ratio of 9.98.

P/E ratio history for Chiba Bank from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.985.6%
20219.4620.76%
20207.83-16.91%
20199.42-25%
201812.614.05%
201711.035.28%
20168.14-30.38%
201511.7-0.25%
201411.79.49%
201310.71.8%
201210.53.89%
201110.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.27-8.25%๐Ÿ‡ฏ๐Ÿ‡ต Japan
5.10-35.62%๐Ÿ‡ฏ๐Ÿ‡ต Japan
7.33-7.49%๐Ÿ‡ฏ๐Ÿ‡ต Japan

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.