According to NAGAWA Co., Ltd.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.9074. At the end of 2023 the company had a P/E ratio of 34.7.
Year | P/E ratio | Change |
---|---|---|
2023 | 34.7 | -34.13% |
2022 | 52.7 | 15.08% |
2021 | 45.8 | -11.22% |
2020 | 51.6 | 47.48% |
2019 | 35.0 | 66.48% |
2018 | 21.0 | 9.54% |
2017 | 19.2 | 16.08% |
2016 | 16.5 | -4.92% |
2015 | 17.4 | -2.54% |
2014 | 17.8 | 26.38% |
2013 | 14.1 | 74.5% |
2012 | 8.08 | -81.27% |
2011 | 43.1 | 8.44% |
2010 | 39.8 | 161.72% |
2009 | 15.2 | 66.15% |
2008 | 9.15 | -33.01% |
2007 | 13.7 | -15.92% |
2006 | 16.2 | 3.03% |
2005 | 15.8 |
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.