P/E ratio for Nitori Holdings (9843.T)
P/E ratio as of June 2024 (TTM): 19.1
According to Nitori Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.1053. At the end of 2022 the company had a P/E ratio of 22.0.
P/E ratio history for Nitori Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.0 | 3.14% |
| 2021 | 21.3 | -20.63% |
| 2020 | 26.9 | 2.38% |
| 2019 | 26.3 | 10.92% |
| 2018 | 23.7 | -16.01% |
| 2017 | 28.2 | 13.34% |
| 2016 | 24.9 | -1.68% |
| 2015 | 25.3 | 49.45% |
| 2014 | 16.9 | 13.58% |
| 2013 | 14.9 | 58.79% |
| 2012 | 9.38 | -25.79% |
| 2011 | 12.6 | -10.97% |
| 2010 | 14.2 |
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.