JFE Holdings
5411.T
#1589
Rank
$10.49 B
Marketcap
$16.50
Share price
-1.92%
Change (1 day)
34.36%
Change (1 year)

P/E ratio for JFE Holdings (5411.T)

P/E ratio as of March 2024 (TTM): 10.1

According to JFE Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1417. At the end of 2022 the company had a P/E ratio of 4.24.

P/E ratio history for JFE Holdings from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.2436.02%
20213.12-261.34%
2020-1.93-108.1%
201923.9171.97%
20188.77-2.6%
20179.01-74.01%
201634.7119.96%
201515.834.42%
201411.7-23.54%
201315.3-61.58%
201239.9-332.9%
2011-17.1-227.74%
201013.4-83.17%
200979.7

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.