Tohoku Electric Power
9506.T
#3525
Rank
$2.34 B
Marketcap
$4.68
Share price
-1.10%
Change (1 day)
-34.27%
Change (1 year)

P/E ratio for Tohoku Electric Power (9506.T)

P/E ratio as of December 2022 (TTM): 6.69

According to Tohoku Electric Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.69479. At the end of 2022 the company had a P/E ratio of -3.42.

P/E ratio history for Tohoku Electric Power from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-3.42-118.92%
202118.1113.19%
20208.47-45.71%
201915.63.89%
201815.041.41%
201710.642.06%
20167.48-16.56%
20158.96-39.94%
201414.9-508.74%
2013-3.6579.83%
2012-2.03-90.44%
2011-21.2-155.94%
201037.9-209.92%
2009-34.5-147.12%
200873.3161.12%
200728.118.49%
200623.735.57%
200517.5

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.