P/E ratio for JFE Holdings (5411.T)
P/E ratio as of May 2023 (TTM): 4.38
According to JFE Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.37566. At the end of 2022 the company had a P/E ratio of 3.46.
P/E ratio history for JFE Holdings from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.46 | -109.65% |
| 2021 | -35.8 | 1503.16% |
| 2020 | -2.23 | -132.73% |
| 2019 | 6.82 | -20.13% |
| 2018 | 8.54 | -47.52% |
| 2017 | 16.3 | -38.32% |
| 2016 | 26.4 | 138.05% |
| 2015 | 11.1 | 0.8% |
| 2014 | 11.0 | -55.39% |
| 2013 | 24.7 | -195.31% |
| 2012 | -25.9 | -215.91% |
| 2011 | 22.3 | -49.47% |
| 2010 | 44.2 | 615.83% |
| 2009 | 6.17 | -37.7% |
| 2008 | 9.91 | -27.69% |
| 2007 | 13.7 | 60.93% |
| 2006 | 8.51 | -19.43% |
| 2005 | 10.6 | -30.24% |
| 2004 | 15.1 | -71.42% |
| 2003 | 53.0 |
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.