P/E ratio for NTT (Nippon Telegraph & Telephone) (NPPXF)
P/E ratio as of April 2024 (TTM): 10.7
According to NTT (Nippon Telegraph & Telephone) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.73. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for NTT (Nippon Telegraph & Telephone) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | 87.61% |
| 2021 | 6.17 | -46.08% |
| 2020 | 11.4 | -1.41% |
| 2019 | 11.6 | -46.82% |
| 2018 | 21.8 | -6.17% |
| 2017 | 23.3 | 3.1% |
| 2016 | 22.6 | -22.26% |
| 2015 | 29.0 | 30.72% |
| 2014 | 22.2 | -1.45% |
| 2013 | 22.5 | 50.16% |
| 2012 | 15.0 | -40.03% |
| 2011 | 25.0 | 25.86% |
| 2010 | 19.9 | -18.7% |
| 2009 | 24.5 |
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.