MinebeaMitsumi
6479.T
#1896
Rank
$6.84 B
Marketcap
$16.85
Share price
2.81%
Change (1 day)
-36.08%
Change (1 year)

P/E ratio for MinebeaMitsumi (6479.T)

P/E ratio as of December 2022 (TTM): 12.0

According to MinebeaMitsumi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9649. At the end of 2022 the company had a P/E ratio of 15.8.

P/E ratio history for MinebeaMitsumi from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202215.8-48.33%
202130.6110.61%
202014.523.17%
201911.8-26.78%
201816.114.88%
201714.059.59%
20168.78-50.99%
201517.98.1%
201416.6-74.43%
201364.8180.58%
201223.163.03%
201114.2-57.84%
201033.6-41.99%
200957.9295.15%
200814.7-35.28%
200722.6-70.88%
200677.8136.59%
200532.9-6.1%
200435.0-155.62%
2003-63.0-197.36%
200264.7169.51%
200124.0

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.