According to Nippon Sanso's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.9651. At the end of 2022 the company had a P/E ratio of 12.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.5 | -21.84% |
2021 | 16.0 | -4.94% |
2020 | 16.8 | -11.3% |
2019 | 19.0 | -11.76% |
2018 | 21.5 | 53.28% |
2017 | 14.0 | -25.84% |
2016 | 18.9 | 15.7% |
2015 | 16.3 | -45.91% |
2014 | 30.2 | 95.29% |
2013 | 15.5 | -102.54% |
2012 | -610 | -4263.51% |
2011 | 14.6 | 2.36% |
2010 | 14.3 | -49.44% |
2009 | 28.3 |
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.