According to Nissan Chemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3153. At the end of 2022 the company had a P/E ratio of 18.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 18.6 | -20.78% |
2021 | 23.5 | -20.87% |
2020 | 29.7 | 23.5% |
2019 | 24.1 | -20.94% |
2018 | 30.4 | 23.08% |
2017 | 24.7 | -10.61% |
2016 | 27.7 | 35.1% |
2015 | 20.5 | 1.34% |
2014 | 20.2 | 27% |
2013 | 15.9 | 21.04% |
2012 | 13.1 | 24.64% |
2011 | 10.5 | -30.06% |
2010 | 15.1 | -39.02% |
2009 | 24.7 |
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.