P/E ratio for Nitori Holdings (9843.T)
P/E ratio as of March 2023 (TTM): 16.1
According to Nitori Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0952. 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 |
|---|---|---|
| 2022 | 20.3 | -18.23% |
| 2021 | 24.8 | 5.34% |
| 2020 | 23.6 | 1.17% |
| 2019 | 23.3 | -25.41% |
| 2018 | 31.2 | 30.17% |
| 2017 | 24.0 | 15.3% |
| 2016 | 20.8 | -1.24% |
| 2015 | 21.1 | 57.76% |
| 2014 | 13.3 | 25.51% |
| 2013 | 10.6 | -5.14% |
| 2012 | 11.2 | -16.16% |
| 2011 | 13.4 | -21.45% |
| 2010 | 17.0 | 5.43% |
| 2009 | 16.1 | -12.89% |
| 2008 | 18.5 | -22.04% |
| 2007 | 23.8 | -19.1% |
| 2006 | 29.4 | 42.27% |
| 2005 | 20.7 |
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.