Hitachi
6501.T
#308
Rank
$50.09 B
Marketcap
$53.25
Share price
0.32%
Change (1 day)
-15.81%
Change (1 year)

P/E ratio for Hitachi (6501.T)

P/E ratio as of November 2022 (TTM): 12.0

According to Hitachi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0166. At the end of 2022 the company had a P/E ratio of 10.4.

P/E ratio history for Hitachi from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202210.4-0.41%
202110.4-69.67%
202034.3115.71%
201915.955%
201810.3-19.83%
201712.8-13.12%
201614.7-20.02%
201518.429.92%
201414.2-0.19%
201314.2105.26%
20126.91-16.33%
20118.26-168.74%
2010-12.037555.62%
2009-0.0319-99.91%
2008-33.9-63.62%
2007-93.1-226.52%
200673.673.56%
200542.4-74.9%
2004169237.24%
200350.1-899.02%
2002-6.27-118.41%
200134.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-32.8-372.92%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.