P/E ratio for Nippon Building Fund (8951.T)
P/E ratio at the end of 2021: 25.7
According to Nippon Building Fund 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 25.7.
P/E ratio history for Nippon Building Fund from 2009 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 25.7 | |
| 2019 | 36.3 | 6.1% |
| 2018 | 34.2 | 22.17% |
| 2017 | 28.0 | -22.39% |
| 2016 | 36.1 | -2.73% |
| 2015 | 37.1 | -5.69% |
| 2014 | 39.3 | -38.38% |
| 2013 | 63.8 | 123.16% |
| 2012 | 28.6 | 40.3% |
| 2011 | 20.4 | -20.2% |
| 2010 | 25.5 | 57.53% |
| 2009 | 16.2 |
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.