According to Hitachi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.86178. At the end of 2022 the company had a P/E ratio of 3.00.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.00 | 60.82% |
2021 | 1.87 | -19.04% |
2020 | 2.31 | -49.62% |
2019 | 4.58 | 334.65% |
2018 | 1.05 | -62.88% |
2017 | 2.84 | -11.4% |
2016 | 3.20 | 9.42% |
2015 | 2.93 | 51.13% |
2014 | 1.94 | -35.71% |
2013 | 3.01 | 105.48% |
2012 | 1.47 | -58.23% |
2011 | 3.51 | 112.19% |
2010 | 1.65 | -576.01% |
2009 | -0.3477 | -37.17% |
2008 | -0.5534 | -104.31% |
2007 | 12.8 | -184.87% |
2006 | -15.1 | -41.84% |
2005 | -26.0 | -555.62% |
2004 | 5.71 | -132.19% |
2003 | -17.7 | 1340.13% |
2002 | -1.23 | -63.13% |
2001 | -3.34 |
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.