P/E ratio for Nippon Paint (4612.T)
P/E ratio as of May 2023 (TTM): 33.8
According to Nippon Paint 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.7537. At the end of 2021 the company had a P/E ratio of 42.6.
P/E ratio history for Nippon Paint from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 42.6 | -89.53% |
| 2020 | 407 | 726.24% |
| 2019 | 49.3 | 85.29% |
| 2018 | 26.6 | -13.66% |
| 2017 | 30.8 | 12.83% |
| 2016 | 27.3 | 297.36% |
| 2015 | 6.87 | -46.11% |
| 2014 | 12.7 | 4.54% |
| 2013 | 12.2 | -9.56% |
| 2012 | 13.5 | 30.2% |
| 2011 | 10.4 | -44.88% |
| 2010 | 18.8 | -65.61% |
| 2009 | 54.6 | 278.49% |
| 2008 | 14.4 | -38.63% |
| 2007 | 23.5 | -2.25% |
| 2006 | 24.1 | 63.61% |
| 2005 | 14.7 |
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.