Hikari Tsushin
9435.T
#1896
Rank
$8.12 B
Marketcap
$180.40
Share price
-0.83%
Change (1 day)
22.92%
Change (1 year)

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

P/E ratio as of June 2024 (TTM): 11.9

According to Hikari Tsushin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8559. At the end of 2022 the company had a P/E ratio of 8.79.

P/E ratio history for Hikari Tsushin from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.79-23.89%
202111.6-46.88%
202021.72.99%
201921.131.86%
201816.0-25.75%
201721.642.5%
201615.10.38%
201515.1-2.04%
201415.46.26%
201314.554.69%
20129.36-51.58%
201119.3-143.01%
2010-45.0-474.38%
200912.0

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.