Hitachi
6501.T
#175
Rank
$88.31 B
Marketcap
$95.31
Share price
0.41%
Change (1 day)
73.64%
Change (1 year)

P/E ratio for Hitachi (6501.T)

P/E ratio as of April 2024 (TTM): 17.9

According to Hitachi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8766. At the end of 2022 the company had a P/E ratio of 15.0.

P/E ratio history for Hitachi from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.060.82%
20219.34-19.04%
202011.5-49.62%
201922.9334.65%
20185.27-62.88%
201714.2-11.4%
201616.09.42%
201514.651.13%
20149.69-35.71%
201315.1105.48%
20127.33-58.23%
201117.6112.19%
20108.27-576.01%
2009-1.74-37.17%
2008-2.77-104.31%
200764.2-184.87%
2006-75.6-41.84%
2005-130-555.62%
200428.5-132.19%
2003-88.61340.13%
2002-6.16-63.13%
2001-16.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.0-156.17%๐Ÿ‡บ๐Ÿ‡ธ USA

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.