P/E ratio for Nippon Sanso (4091.T)
P/E ratio as of June 2023 (TTM): 18.0
According to Nippon Sanso's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.9939. At the end of 2022 the company had a P/E ratio of 15.8.
P/E ratio history for Nippon Sanso from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.8 | -6.77% |
| 2021 | 16.9 | 25.55% |
| 2020 | 13.5 | -24.98% |
| 2019 | 18.0 | 26.11% |
| 2018 | 14.3 | -12.93% |
| 2017 | 16.4 | -10.32% |
| 2016 | 18.3 | -45.74% |
| 2015 | 33.6 | 100.29% |
| 2014 | 16.8 | -114.5% |
| 2013 | -116 | -1157.56% |
| 2012 | 11.0 | -49.36% |
| 2011 | 21.6 | -7.31% |
| 2010 | 23.3 | 50.46% |
| 2009 | 15.5 | 6.66% |
| 2008 | 14.5 | -31.78% |
| 2007 | 21.3 | -13.07% |
| 2006 | 24.5 | 31% |
| 2005 | 18.7 |
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.