Nippon Shokubai
4114.T
#4501
Rank
โ‚ฌ1.71 B
Marketcap
11,27ย โ‚ฌ
Share price
-1.15%
Change (1 day)
37.36%
Change (1 year)

P/E ratio for Nippon Shokubai (4114.T)

P/E ratio as of November 2024 (TTM): 16.1

According to Nippon Shokubai's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0944. At the end of 2024 the company had a P/E ratio of 20.6.

P/E ratio history for Nippon Shokubai from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202420.693.55%
202310.617.74%
20229.03-137.96%
2021-23.8-227.72%
202018.650.27%
201912.4-2.58%
201812.7-19.53%
201715.873.98%
20169.08-51.59%
201518.8-21.76%
201424.023.29%
201319.5112.41%
20129.160.22%
20119.14-33.56%
201013.8-166.55%
2009-20.7-299.05%
200810.4-38.84%
200717.04.31%
200616.338.83%
200511.7

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.