P/E ratio for East Japan Railway (9020.T)
P/E ratio as of September 2023 (TTM): 24.4
According to East Japan Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4374. At the end of 2022 the company had a P/E ratio of -28.7.
P/E ratio history for East Japan Railway from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -28.7 | 445.05% |
| 2021 | -5.26 | -132.4% |
| 2020 | 16.2 | 15.97% |
| 2019 | 14.0 | 6.35% |
| 2018 | 13.2 | -3.61% |
| 2017 | 13.7 | -13.55% |
| 2016 | 15.8 | -27.75% |
| 2015 | 21.9 | 47% |
| 2014 | 14.9 | -9.22% |
| 2013 | 16.4 | -13.55% |
| 2012 | 19.0 | -21.29% |
| 2011 | 24.1 | 15.03% |
| 2010 | 20.9 | 83.74% |
| 2009 | 11.4 | -37.27% |
| 2008 | 18.2 | -12.94% |
| 2007 | 20.9 | -5.17% |
| 2006 | 22.0 | 7.73% |
| 2005 | 20.4 | 9.9% |
| 2004 | 18.6 | -14.45% |
| 2003 | 21.7 | -52.46% |
| 2002 | 45.7 | 17.37% |
| 2001 | 38.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Central Japan Railway 9022.T | 13.2 | -46.18% | 🇯🇵 Japan |
 West Japan Railway 9021.T | 23.3 | -4.83% | 🇯🇵 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.