P/E ratio for NJ Holdings (9421.T)
P/E ratio as of April 2024 (TTM): -4.62
According to NJ Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.61789. At the end of 2022 the company had a P/E ratio of -2.65.
P/E ratio history for NJ Holdings from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.65 | -62.68% |
| 2021 | -7.10 | |
| 2019 | -85.7 | -630.78% |
| 2018 | 16.1 | -57.35% |
| 2017 | 37.9 | -443.67% |
| 2016 | -11.0 | -32.94% |
| 2015 | -16.4 | -1709.02% |
| 2014 | 1.02 | -111.38% |
| 2013 | -8.97 | -243.81% |
| 2012 | 6.24 | -375.76% |
| 2011 | -2.26 | -12% |
| 2010 | -2.57 | -37.11% |
| 2009 | -4.09 |
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.