P/E ratio for Nihon Falcom (3723.T)
P/E ratio as of April 2024 (TTM): 11.6
According to Nihon Falcom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.634. At the end of 2022 the company had a P/E ratio of 13.1.
P/E ratio history for Nihon Falcom from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.1 | -24.33% |
| 2021 | 17.3 | 19.3% |
| 2020 | 14.5 | 9.36% |
| 2019 | 13.3 | 36.04% |
| 2018 | 9.76 | -34.12% |
| 2017 | 14.8 | -22.57% |
| 2016 | 19.1 | -44.01% |
| 2015 | 34.2 | 191.09% |
| 2014 | 11.7 | -56.19% |
| 2013 | 26.8 | 196.21% |
| 2012 | 9.04 | 36.85% |
| 2011 | 6.61 | -19.56% |
| 2010 | 8.22 |
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.