Nikon
NINOY
#2861
Rank
$3.46 B
Marketcap
$9.63
Share price
-1.08%
Change (1 day)
-6.14%
Change (1 year)

P/E ratio for Nikon (NINOY)

P/E ratio as of November 2022 (TTM): 8.13

According to Nikon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.13173. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for Nikon from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202211.2-197.46%
2021-11.5-122.27%
202051.7447.87%
20199.43-57.02%
201821.9-86.64%
2017164422.56%
201631.4-9.52%
201534.7148.37%
201414.0-31.8%
201320.520.28%
201217.1-28.39%
201123.8-136.19%
2010-65.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
40.8 401.15%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
-9.92-222.03%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0 72.49%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.