P/E ratio for Hankyu Hanshin Holdings (9042.T)
P/E ratio as of April 2024 (TTM): 15.8
According to Hankyu Hanshin Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7929. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Hankyu Hanshin Holdings from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | -102.14% |
| 2021 | -824 | 1973.74% |
| 2020 | -39.8 | -329.21% |
| 2019 | 17.3 | 31.18% |
| 2018 | 13.2 | -16.22% |
| 2017 | 15.8 | 31.29% |
| 2016 | 12.0 | -32.96% |
| 2015 | 17.9 | -3.57% |
| 2014 | 18.6 | 32.79% |
| 2013 | 14.0 | -29.73% |
| 2012 | 19.9 | 106.54% |
| 2011 | 9.65 | -53.82% |
| 2010 | 20.9 | -54% |
| 2009 | 45.4 |
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.