Nikon
NINOY
#3165
Rank
$3.55 B
Marketcap
$10.18
Share price
-0.78%
Change (1 day)
4.68%
Change (1 year)

P/E ratio for Nikon (NINOY)

P/E ratio as of April 2024 (TTM): 13.7

According to Nikon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6924. At the end of 2022 the company had a P/E ratio of 9.89.

P/E ratio history for Nikon from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.89-37.99%
202115.9-326.27%
2020-7.05-161.46%
201911.5-5.69%
201812.2-83.76%
201774.9203.28%
201624.7-21.96%
201531.644.86%
201421.835.52%
201316.1-22.22%
201220.763.78%
201112.6-54.01%
201027.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
47.8 248.79%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
-12.0-187.64%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1 10.27%๐Ÿ‡ฏ๐Ÿ‡ต Japan

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.