Nitori Holdings
9843.T
#1184
Rank
$13.07 B
Marketcap
$115.79
Share price
0.47%
Change (1 day)
-30.76%
Change (1 year)
Nitori Co., Ltd is a Japanese furniture and home accessories retail company.

P/E ratio for Nitori Holdings (9843.T)

P/E ratio as of November 2022 (TTM): 14.8

According to Nitori Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7734. At the end of 2022 the company had a P/E ratio of 20.3.

P/E ratio history for Nitori Holdings from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.3-18.23%
202124.85.34%
202023.61.17%
201923.3-25.41%
201831.230.17%
201724.015.3%
201620.8-1.24%
201521.157.76%
201413.325.51%
201310.6-5.14%
201211.2-16.16%
201113.4-21.45%
201017.05.43%
200916.1-12.89%
200818.5-22.04%
200723.8-19.1%
200629.442.27%
200520.7

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.