P/E ratio for MinebeaMitsumi (6479.T)
P/E ratio as of April 2024 (TTM): 14.7
According to MinebeaMitsumi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7246. 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 |
|---|---|---|
| 2022 | 13.6 | -37.79% |
| 2021 | 21.8 | 9.56% |
| 2020 | 19.9 | -5.72% |
| 2019 | 21.1 | 67.98% |
| 2018 | 12.6 | -16.87% |
| 2017 | 15.1 | 16.88% |
| 2016 | 13.0 | 27.08% |
| 2015 | 10.2 | -45.6% |
| 2014 | 18.7 | -15.83% |
| 2013 | 22.3 | 113.86% |
| 2012 | 10.4 | -87.07% |
| 2011 | 80.5 | 465.59% |
| 2010 | 14.2 | -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.