According to Hokuriku Electric Power Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.94052. At the end of 2024 the company had a P/E ratio of 2.90.
Year | P/E ratio | Change |
---|---|---|
2024 | 2.90 | -306.06% |
2023 | -1.41 | -91.66% |
2022 | -16.9 | -172.79% |
2021 | 23.2 | 85.79% |
2020 | 12.5 | -83.04% |
2019 | 73.5 | -118.94% |
2018 | -388 | 6.66% |
2017 | -364 | -1502.78% |
2016 | 25.9 | -30.36% |
2015 | 37.2 | -65.9% |
2014 | 109 | -95.53% |
2013 | > 1000 | -4237.66% |
2012 | -59.1 | -374.92% |
2011 | 21.5 | -15.86% |
2010 | 25.5 | -62.93% |
2009 | 68.9 | -2.18% |
2008 | 70.4 | 117.7% |
2007 | 32.4 | 17.29% |
2006 | 27.6 | 61.83% |
2005 | 17.0 |
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.