According to Nankai Electric Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1943. At the end of 2024 the company had a P/E ratio of 14.9.
Year | P/E ratio | Change |
---|---|---|
2024 | 14.9 | -34.53% |
2023 | 22.7 | -65.85% |
2022 | 66.5 | -141.96% |
2021 | -158 | -1257.72% |
2020 | 13.7 | -49.92% |
2019 | 27.3 | 33.1% |
2018 | 20.5 | 8.16% |
2017 | 19.0 | -30.76% |
2016 | 27.4 | 79.36% |
2015 | 15.3 | -29.51% |
2014 | 21.7 | -16.85% |
2013 | 26.1 | -20.3% |
2012 | 32.7 | -43.13% |
2011 | 57.5 | 194.18% |
2010 | 19.6 | -37.98% |
2009 | 31.5 | 76.2% |
2008 | 17.9 |
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.