P/E ratio for Japan Airlines (9201.T)
P/E ratio as of April 2024 (TTM): 11.6
According to Japan Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5763. At the end of 2022 the company had a P/E ratio of -35.8.
P/E ratio history for Japan Airlines from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -35.8 | 651.54% |
| 2021 | -4.76 | 64.48% |
| 2020 | -2.89 | -129.31% |
| 2019 | 9.88 | -7.15% |
| 2018 | 10.6 | 15.75% |
| 2017 | 9.19 | 3.52% |
| 2016 | 8.88 | -2.71% |
| 2015 | 9.12 | 13.54% |
| 2014 | 8.04 | 31.98% |
| 2013 | 6.09 |
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.