According to NHK Spring's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0395. At the end of 2023 the company had a P/E ratio of 9.80.
Year | P/E ratio | Change |
---|---|---|
2023 | 9.80 | 52.96% |
2022 | 6.41 | -69.51% |
2021 | 21.0 | -45.26% |
2020 | 38.4 | 12.68% |
2019 | 34.1 | 161.79% |
2018 | 13.0 | 9.36% |
2017 | 11.9 | -1.13% |
2016 | 12.0 | -3.82% |
2015 | 12.5 | 34.26% |
2014 | 9.32 | -16.83% |
2013 | 11.2 | -10.01% |
2012 | 12.5 | 29.79% |
2011 | 9.59 | -52.57% |
2010 | 20.2 | 28.89% |
2009 | 15.7 | 83.4% |
2008 | 8.56 | -52.46% |
2007 | 18.0 | -23.21% |
2006 | 23.4 | 13.93% |
2005 | 20.6 |
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.