P/E ratio for Chubu Electric Power (9502.T)
P/E ratio as of September 2023 (TTM): 6.51
According to Chubu Electric Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.51395. At the end of 2022 the company had a P/E ratio of -22.5.
P/E ratio history for Chubu Electric Power from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -22.5 | -408.3% |
| 2021 | 7.31 | 1.24% |
| 2020 | 7.22 | -56.71% |
| 2019 | 16.7 | 8.98% |
| 2018 | 15.3 | 55.8% |
| 2017 | 9.82 | 42.14% |
| 2016 | 6.91 | -75.32% |
| 2015 | 28.0 | -300.48% |
| 2014 | -14.0 | -48.19% |
| 2013 | -26.9 | 119.47% |
| 2012 | -12.3 | -172.48% |
| 2011 | 16.9 | 1.79% |
| 2010 | 16.6 | -118.15% |
| 2009 | -91.7 | -421.36% |
| 2008 | 28.5 | -18.4% |
| 2007 | 35.0 | 92.47% |
| 2006 | 18.2 | -10.62% |
| 2005 | 20.3 | 39.26% |
| 2004 | 14.6 | -2.96% |
| 2003 | 15.0 |
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.