P/E ratio for NTT Data (9613.T)
P/E ratio as of June 2023 (TTM): 18.0
According to NTT Data 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0045. At the end of 2022 the company had a P/E ratio of 23.9.
P/E ratio history for NTT Data from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.9 | -24.25% |
| 2021 | 31.6 | 62.3% |
| 2020 | 19.5 | 5.73% |
| 2019 | 18.4 | -32.53% |
| 2018 | 27.3 | 20.58% |
| 2017 | 22.6 | -10.92% |
| 2016 | 25.4 | -44.12% |
| 2015 | 45.5 | -4.93% |
| 2014 | 47.8 | 137.41% |
| 2013 | 20.1 | -24.84% |
| 2012 | 26.8 | 42.55% |
| 2011 | 18.8 | -21.37% |
| 2010 | 23.9 | 52.18% |
| 2009 | 15.7 | -60.96% |
| 2008 | 40.3 | 21.31% |
| 2007 | 33.2 | -39.96% |
| 2006 | 55.3 | 7.51% |
| 2005 | 51.4 | 12.67% |
| 2004 | 45.6 | 39.94% |
| 2003 | 32.6 | -42.41% |
| 2002 | 56.6 | -18.43% |
| 2001 | 69.4 |
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.