Nippon Steel
5401.T
#813
Rank
$23.21 B
Marketcap
$25.21
Share price
1.86%
Change (1 day)
11.06%
Change (1 year)

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

P/E ratio as of March 2024 (TTM): 4.92

According to Nippon Steel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.92179. At the end of 2022 the company had a P/E ratio of 3.26.

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

PE ratio at the end of each year

Year P/E ratio Change
20223.2613.09%
20212.89-146.72%
2020-6.1827.18%
2019-4.86-3504.06%
20180.1427-98.73%
201711.2-74.61%
201644.2326.65%
201510.4-23.25%
201413.5-0.37%
201313.5-202.42%
2012-13.2-86.22%
2011-96.0-824.93%
201013.2-157.73%
2009-22.9

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.