P/E ratio for NEC Corp (6701.T)
P/E ratio as of September 2023 (TTM): 16.3
According to NEC Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3472. At the end of 2022 the company had a P/E ratio of 10.1.
P/E ratio history for NEC Corp from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.1 | -13.64% |
| 2021 | 11.7 | 15.08% |
| 2020 | 10.2 | -57.98% |
| 2019 | 24.2 | 42.84% |
| 2018 | 16.9 | -33.81% |
| 2017 | 25.6 | 144.4% |
| 2016 | 10.5 | -33.45% |
| 2015 | 15.7 | -35.51% |
| 2014 | 24.4 | 22.65% |
| 2013 | 19.9 | -588.12% |
| 2012 | -4.08 | -89.2% |
| 2011 | -37.8 | -167.48% |
| 2010 | 56.0 | -3139.95% |
| 2009 | -1.84 | -105.32% |
| 2008 | 34.6 | -75.73% |
| 2007 | 143 | 8.98% |
| 2006 | 131 | 607.89% |
| 2005 | 18.5 | -49.22% |
| 2004 | 36.4 | -241.94% |
| 2003 | -25.7 | 351.46% |
| 2002 | -5.68 | -109.83% |
| 2001 | 57.8 |
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.