Nisshin Seifun Group
2002.T
#2956
Rank
$4.12 B
Marketcap
$13.87
Share price
0.84%
Change (1 day)
16.85%
Change (1 year)

P/E ratio for Nisshin Seifun Group (2002.T)

P/E ratio as of March 2024 (TTM): -110

According to Nisshin Seifun Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -110.083. At the end of 2022 the company had a P/E ratio of -20.8.

P/E ratio history for Nisshin Seifun Group from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-20.8-188.52%
202123.5-9.77%
202026.110.97%
201923.5-25.52%
201831.50.9%
201731.39.94%
201628.4-16.26%
201534.053.28%
201422.24.27%
201321.214.4%
201218.6-0.46%
201118.710.74%
201016.9-7.81%
200918.3

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.