P/E ratio for Happinet (7552.T)
P/E ratio as of April 2024 (TTM): 14.1
According to Happinet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0839. At the end of 2022 the company had a P/E ratio of 12.3.
P/E ratio history for Happinet from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.3 | 25.28% |
| 2021 | 9.78 | -35.55% |
| 2020 | 15.2 | -30.89% |
| 2019 | 22.0 | 134.23% |
| 2018 | 9.38 | -20.37% |
| 2017 | 11.8 | -15.65% |
| 2016 | 14.0 | 13.04% |
| 2015 | 12.4 | 38.7% |
| 2014 | 8.90 | 12.22% |
| 2013 | 7.94 | 6.02% |
| 2012 | 7.49 | -13.29% |
| 2011 | 8.63 | -6.03% |
| 2010 | 9.19 | -15.25% |
| 2009 | 10.8 |
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.