According to NOF Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.81806. At the end of 2022 the company had a P/E ratio of 4.71.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.71 | -14.05% |
2021 | 5.48 | -17.63% |
2020 | 6.65 | 38.41% |
2019 | 4.80 | -3.34% |
2018 | 4.97 | 1.39% |
2017 | 4.90 | 32.14% |
2016 | 3.71 | -8.31% |
2015 | 4.05 | 0.71% |
2014 | 4.02 | 5.15% |
2013 | 3.82 | 11.86% |
2012 | 3.42 | 6.45% |
2011 | 3.21 | -20.93% |
2010 | 4.06 | -73.28% |
2009 | 15.2 |
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.