Tohoku Electric Power
9506.T
#3230
Rank
โ‚ฌ3.51 B
Marketcap
7,03ย โ‚ฌ
Share price
-1.20%
Change (1 day)
18.28%
Change (1 year)

P/E ratio for Tohoku Electric Power (9506.T)

P/E ratio as of December 2024 (TTM): -28.6

According to Tohoku Electric Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.6464. At the end of 2022 the company had a P/E ratio of -1.01.

P/E ratio history for Tohoku Electric Power from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.01-95.33%
2021-21.7-427.88%
20206.61-11.84%
20197.49-70.8%
201825.7112.13%
201712.117.38%
201610.315.36%
20158.9317.09%
20147.63-144.5%
2013-17.1415.55%
2012-3.33127.7%
2011-1.46-108.3%
201017.6-54.19%
200938.4

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.