Hikari Tsushin
9435.T
#1998
Rank
$6.38 B
Marketcap
$144.01
Share price
-0.94%
Change (1 day)
-9.92%
Change (1 year)

P/E ratio for Hikari Tsushin (9435.T)

P/E ratio as of November 2022 (TTM): 9.03

According to Hikari Tsushin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.02595. At the end of 2022 the company had a P/E ratio of 7.32.

P/E ratio history for Hikari Tsushin from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.32-60.77%
202118.79.45%
202017.0-13.29%
201919.74.41%
201818.843.89%
201713.1-18.33%
201616.0-8%
201517.423.83%
201414.10.1%
201314.0-13.61%
201216.3-113%
2011-125-212.32%
2010111-203.1%
2009-108-285.54%
200858.2245.04%
200716.9-28.49%
200623.69.36%
200521.6

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.