P/E ratio for Mixi (2121.T)
P/E ratio as of March 2023 (TTM): 13.1
According to Mixi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.096. At the end of 2022 the company had a P/E ratio of 16.1.
P/E ratio history for Mixi from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.1 | 19.97% |
| 2021 | 13.4 | 17.56% |
| 2020 | 11.4 | 58.12% |
| 2019 | 7.22 | -1.99% |
| 2018 | 7.37 | 1.58% |
| 2017 | 7.25 | 28.67% |
| 2016 | 5.64 | -51.65% |
| 2015 | 11.7 | -103.2% |
| 2014 | -365 | -2731.14% |
| 2013 | 13.9 | -67.55% |
| 2012 | 42.7 | 16.16% |
| 2011 | 36.8 | -51.38% |
| 2010 | 75.6 | 156.45% |
| 2009 | 29.5 | -62.23% |
| 2008 | 78.1 | -35.24% |
| 2007 | 121 |
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.