MinebeaMitsumi
6479.T
#2077
Rank
$7.83 B
Marketcap
$19.43
Share price
-0.89%
Change (1 day)
18.52%
Change (1 year)

P/E ratio for MinebeaMitsumi (6479.T)

P/E ratio as of October 2024 (TTM): 15.6

According to MinebeaMitsumi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5788. At the end of 2022 the company had a P/E ratio of 13.6.

P/E ratio history for MinebeaMitsumi from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.6-37.79%
202121.89.56%
202019.9-5.72%
201921.167.98%
201812.6-16.87%
201715.116.88%
201613.027.08%
201510.2-45.6%
201418.7-15.83%
201322.3113.86%
201210.4-87.07%
201180.5465.59%
201014.2-119.25%
2009-73.9

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.