P/E ratio for Nippon Paint (4612.T)
P/E ratio as of December 2023 (TTM): 22.4
According to Nippon Paint 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4221. At the end of 2022 the company had a P/E ratio of 31.4.
P/E ratio history for Nippon Paint from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.4 | -26.4% |
| 2021 | 42.6 | -48.53% |
| 2020 | 82.8 | 67.97% |
| 2019 | 49.3 | 85.3% |
| 2018 | 26.6 | 14.69% |
| 2017 | 23.2 | -48.06% |
| 2016 | 44.6 | 13.38% |
| 2015 | 39.4 | 637.93% |
| 2014 | 5.34 | -66.59% |
| 2013 | 16.0 | 64.48% |
| 2012 | 9.71 | -24.23% |
| 2011 | 12.8 | 2.43% |
| 2010 | 12.5 | -73.9% |
| 2009 | 47.9 |
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.