NTT Data
9613.T
#812
Rank
$23.25 B
Marketcap
$16.59
Share price
0.93%
Change (1 day)
24.08%
Change (1 year)

P/E ratio for NTT Data (9613.T)

P/E ratio as of March 2024 (TTM): 22.9

According to NTT Data 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9375. At the end of 2022 the company had a P/E ratio of 19.6.

P/E ratio history for NTT Data from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.6-33.36%
202129.428.32%
202022.92.25%
201922.413.48%
201819.7-19.34%
201724.4-0.51%
201624.6-19.07%
201530.4-16.35%
201436.35.34%
201334.565.11%
201220.9-6.74%
201122.44.16%
201021.5-9.7%
200923.8

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.