Chubu Electric Power
9502.T
#1840
Rank
$7.16 B
Marketcap
$9.47
Share price
0.71%
Change (1 day)
-8.41%
Change (1 year)

P/E ratio for Chubu Electric Power (9502.T)

P/E ratio as of December 2022 (TTM): 4.52

According to Chubu Electric Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.51752. 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%
20217.311.24%
20207.22-56.71%
201916.78.98%
201815.355.8%
20179.8242.14%
20166.91-75.32%
201528.0-300.48%
2014-14.0-48.19%
2013-26.9119.47%
2012-12.3-172.48%
201116.91.79%
201016.6-118.15%
2009-91.7-421.36%
200828.5-18.4%
200735.092.47%
200618.2-10.62%
200520.339.26%
200414.6-2.96%
200315.0

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.