P/E ratio for NTT Data (9613.T)
P/E ratio as of April 2024 (TTM): 21.9
According to NTT Data 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.8758. 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 |
|---|---|---|
| 2022 | 19.6 | -33.36% |
| 2021 | 29.4 | 28.32% |
| 2020 | 22.9 | 2.25% |
| 2019 | 22.4 | 13.48% |
| 2018 | 19.7 | -19.34% |
| 2017 | 24.4 | -0.51% |
| 2016 | 24.6 | -19.07% |
| 2015 | 30.4 | -16.35% |
| 2014 | 36.3 | 5.34% |
| 2013 | 34.5 | 65.11% |
| 2012 | 20.9 | -6.74% |
| 2011 | 22.4 | 4.16% |
| 2010 | 21.5 | -9.7% |
| 2009 | 23.8 |
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.