P/E ratio for Noritake (5331.T)
P/E ratio as of April 2025 (TTM): 9.81
According to Noritake's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.8071. At the end of 2024 the company had a P/E ratio of 10.3.
P/E ratio history for Noritake from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 10.3 | 56.54% |
| 2023 | 6.56 | -8.34% |
| 2022 | 7.15 | -61.71% |
| 2021 | 18.7 | 25.74% |
| 2020 | 14.9 | 88.05% |
| 2019 | 7.90 | 60.37% |
| 2018 | 4.93 | -52.61% |
| 2017 | 10.4 | 25.31% |
| 2016 | 8.30 | -57.96% |
| 2015 | 19.7 | -33.14% |
| 2014 | 29.5 | 47.19% |
| 2013 | 20.1 | 155.59% |
| 2012 | 7.85 | -71% |
| 2011 | 27.1 | -414.97% |
| 2010 | -8.59 | 40.11% |
| 2009 | -6.13 | -158.06% |
| 2008 | 10.6 | -29.61% |
| 2007 | 15.0 | -35.91% |
| 2006 | 23.4 | 32.73% |
| 2005 | 17.6 |
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.