NEC Corp
6701.T
#1101
Rank
$14.61 B
Marketcap
$54.87
Share price
-1.39%
Change (1 day)
51.20%
Change (1 year)

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
202210.1-13.64%
202111.715.08%
202010.2-57.98%
201924.242.84%
201816.9-33.81%
201725.6144.4%
201610.5-33.45%
201515.7-35.51%
201424.422.65%
201319.9-588.12%
2012-4.08-89.2%
2011-37.8-167.48%
201056.0-3139.95%
2009-1.84-105.32%
200834.6-75.73%
20071438.98%
2006131607.89%
200518.5-49.22%
200436.4-241.94%
2003-25.7351.46%
2002-5.68-109.83%
200157.8

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.