P/E ratio for MinebeaMitsumi (6479.T)
P/E ratio as of September 2023 (TTM): 13.4
According to MinebeaMitsumi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3612. 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 |
|---|---|---|
| 2022 | 15.8 | -48.33% |
| 2021 | 30.6 | 110.61% |
| 2020 | 14.5 | 23.17% |
| 2019 | 11.8 | -26.78% |
| 2018 | 16.1 | 14.88% |
| 2017 | 14.0 | 59.59% |
| 2016 | 8.78 | -50.99% |
| 2015 | 17.9 | 8.1% |
| 2014 | 16.6 | -74.43% |
| 2013 | 64.8 | 180.58% |
| 2012 | 23.1 | 63.03% |
| 2011 | 14.2 | -57.84% |
| 2010 | 33.6 | -41.99% |
| 2009 | 57.9 | 295.15% |
| 2008 | 14.7 | -35.28% |
| 2007 | 22.6 | -70.88% |
| 2006 | 77.8 | 136.59% |
| 2005 | 32.9 | -6.1% |
| 2004 | 35.0 | -155.62% |
| 2003 | -63.0 | -197.36% |
| 2002 | 64.7 | 169.51% |
| 2001 | 24.0 |
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.