NEC Corp
6701.T
#866
Rank
$22.30 B
Marketcap
$83.72
Share price
-2.97%
Change (1 day)
75.33%
Change (1 year)

P/E ratio for NEC Corp (6701.T)

P/E ratio as of July 2024 (TTM): 24.5

According to NEC Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4772. At the end of 2022 the company had a P/E ratio of 8.82.

P/E ratio history for NEC Corp from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.82-26.1%
202111.9-14.75%
202014.0-3.07%
201914.5-38.77%
201823.642.63%
201716.522.56%
201613.5-35.3%
201520.962.92%
201412.8-91.95%
2013159-143.94%
2012-3624942.47%
2011-7.18-127.62%
201026.0-1277.46%
2009-2.21

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.