P/E ratio for Happinet (7552.T)
P/E ratio as of March 2023 (TTM): 17.7
According to Happinet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7496. At the end of 2022 the company had a P/E ratio of 9.38.
P/E ratio history for Happinet from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.38 | -30.17% |
| 2021 | 13.4 | -32.22% |
| 2020 | 19.8 | 72.14% |
| 2019 | 11.5 | 39.24% |
| 2018 | 8.27 | -55.34% |
| 2017 | 18.5 | 87.68% |
| 2016 | 9.87 | 23.65% |
| 2015 | 7.98 | -0.21% |
| 2014 | 8.00 | -0.02% |
| 2013 | 8.00 | -8.37% |
| 2012 | 8.73 | -0.09% |
| 2011 | 8.74 | -21.67% |
| 2010 | 11.2 | -11.51% |
| 2009 | 12.6 | -203.28% |
| 2008 | -12.2 |
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.