Hitachi Construction Machinery
6305.T
#2379
Rank
$4.84 B
Marketcap
$22.79
Share price
0.16%
Change (1 day)
-26.74%
Change (1 year)

P/E ratio for Hitachi Construction Machinery (6305.T)

P/E ratio as of November 2022 (TTM): 8.84

According to Hitachi Construction Machinery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.83923. At the end of 2022 the company had a P/E ratio of 9.09.

P/E ratio history for Hitachi Construction Machinery from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.09-87.86%
202174.9549.99%
202011.521.92%
20199.45-35.06%
201814.5-80.38%
201774.269.65%
201643.7154.85%
201517.219.04%
201414.4-20.91%
201318.28.33%
201216.8-57.38%
201139.5-65.49%
2010114689.72%
200914.556.62%
20089.24-45.69%
200717.0-31.5%
200624.856.99%
200515.8

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.