P/E ratio for Nippon Ichi Software (3851.T)
P/E ratio as of April 2024 (TTM): 11.2
According to Nippon Ichi Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.154. At the end of 2022 the company had a P/E ratio of 7.88.
P/E ratio history for Nippon Ichi Software from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.88 | 34.37% |
| 2021 | 5.86 | -47.2% |
| 2020 | 11.1 | -96.25% |
| 2019 | 296 | 2429.81% |
| 2018 | 11.7 | -33.82% |
| 2017 | 17.7 | -80.43% |
| 2016 | 90.3 | 271.48% |
| 2015 | 24.3 | -25.1% |
| 2014 | 32.4 | 152.8% |
| 2013 | 12.8 | -300.37% |
| 2012 | -6.41 | -308.82% |
| 2011 | 3.07 | -141.99% |
| 2010 | -7.30 | 94.64% |
| 2009 | -3.75 |
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.