Nippon Steel
5401.T
#1063
Rank
$14.93 B
Marketcap
$16.21
Share price
-1.31%
Change (1 day)
0.81%
Change (1 year)

P/E ratio for Nippon Steel (5401.T)

P/E ratio as of November 2022 (TTM): 2.61

According to Nippon Steel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.61495. At the end of 2022 the company had a P/E ratio of 3.12.

P/E ratio history for Nippon Steel from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.12-105.84%
2021-53.42388.48%
2020-2.15-130.04%
20197.14-32.43%
201810.6-39.03%
201717.325.37%
201613.86.19%
201513.021.03%
201410.8-175.94%
2013-14.2-158%
201224.435.03%
201118.1-108.97%
2010-202-1943.99%
200910.919.14%
20089.18-39.83%
200715.368.62%
20069.0512.58%
20058.04-79.32%
200438.9-307.53%
2003-18.7-57.79%
2002-44.4-182.97%
200153.5

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.