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.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.24 | 36.02% |
2021 | 3.12 | -261.34% |
2020 | -1.93 | -108.1% |
2019 | 23.9 | 171.97% |
2018 | 8.77 | -2.6% |
2017 | 9.01 | -74.01% |
2016 | 34.7 | 119.96% |
2015 | 15.8 | 34.42% |
2014 | 11.7 | -23.54% |
2013 | 15.3 | -61.58% |
2012 | 39.9 | -332.9% |
2011 | -17.1 | -227.74% |
2010 | 13.4 | -83.17% |
2009 | 79.7 |
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.