Nippon Shinyaku
4516.T
#4143
Rank
$1.98 B
Marketcap
$29.53
Share price
-0.45%
Change (1 day)
-34.65%
Change (1 year)

P/E ratio for Nippon Shinyaku (4516.T)

P/E ratio as of March 2024 (TTM): 12.0

According to Nippon Shinyaku's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9754. At the end of 2022 the company had a P/E ratio of 20.5.

P/E ratio history for Nippon Shinyaku from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.54.47%
202119.6-13.72%
202022.7-44.81%
201941.222.35%
201833.7-39.79%
201755.9110.28%
201626.6-42.26%
201546.08.69%
201442.352.83%
201327.776.84%
201215.7-2.35%
201116.0-42.52%
201027.997.34%
200914.1

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.