Nankai Electric Railway
9044.T
#4521
Rank
$1.77 B
Marketcap
$15.68
Share price
-1.28%
Change (1 day)
-20.04%
Change (1 year)

P/E ratio for Nankai Electric Railway (9044.T)

P/E ratio as of November 2024 (TTM): 60.7

According to Nankai Electric Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 60.712. At the end of 2024 the company had a P/E ratio of 14.9.

P/E ratio history for Nankai Electric Railway from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202414.9-34.53%
202322.7-65.85%
202266.5-141.96%
2021-158-1257.72%
202013.7-49.92%
201927.333.1%
201820.58.16%
201719.0-30.76%
201627.479.36%
201515.3-29.51%
201421.7-16.85%
201326.1-20.3%
201232.7-43.13%
201157.5194.18%
201019.6-37.98%
200931.576.2%
200817.9

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.