P/E ratio for NTT (Nippon Telegraph & Telephone) (NPPXF)
P/E ratio as of March 2023 (TTM): 9.99
According to NTT (Nippon Telegraph & Telephone) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.98762. At the end of 2022 the company had a P/E ratio of 10.9.
P/E ratio history for NTT (Nippon Telegraph & Telephone) from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.9 | -8.99% |
| 2021 | 12.0 | 4.71% |
| 2020 | 11.4 | -48.09% |
| 2019 | 22.0 | 2.72% |
| 2018 | 21.4 | -6.15% |
| 2017 | 22.8 | -15.15% |
| 2016 | 26.9 | -15.36% |
| 2015 | 31.8 | 55.06% |
| 2014 | 20.5 | 7.62% |
| 2013 | 19.0 | -11.13% |
| 2012 | 21.4 | 8.42% |
| 2011 | 19.8 | -12.52% |
| 2010 | 22.6 | 24.32% |
| 2009 | 18.2 |
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.