According to The Bank of Nagoya's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2085. At the end of 2024 the company had a P/E ratio of 10.9.
Year | P/E ratio | Change |
---|---|---|
2024 | 10.9 | 66.8% |
2023 | 6.51 | 43.49% |
2022 | 4.54 | -17.85% |
2021 | 5.52 | -51.08% |
2020 | 11.3 | 1.92% |
2019 | 11.1 | -13.73% |
2018 | 12.8 | -4.81% |
2017 | 13.5 | 28.2% |
2016 | 10.5 | -15.17% |
2015 | 12.4 | -18.64% |
2014 | 15.2 | 16.13% |
2013 | 13.1 | -54.94% |
2012 | 29.1 | 90.09% |
2011 | 15.3 | -22.88% |
2010 | 19.9 | -38.07% |
2009 | 32.1 | 82% |
2008 | 17.6 | -6.48% |
2007 | 18.8 | -0% |
2006 | 18.8 |
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.