According to Chiba Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3388. At the end of 2022 the company had a P/E ratio of 9.37.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.37 | 4.12% |
2021 | 9.00 | -4.87% |
2020 | 9.46 | 1.95% |
2019 | 9.28 | -3.4% |
2018 | 9.60 | -28.63% |
2017 | 13.5 | 36.66% |
2016 | 9.85 | -25.48% |
2015 | 13.2 | 25.08% |
2014 | 10.6 | -15.16% |
2013 | 12.5 | 35.63% |
2012 | 9.18 | -13.36% |
2011 | 10.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 12.0 | -2.46% | ๐ฏ๐ต Japan |
![]() | 11.7 | -4.78% | ๐ฏ๐ต Japan |
![]() | 14.7 | 18.97% | ๐ฏ๐ต Japan |
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.