Hankyu Hanshin Holdings
9042.T
#2402
Rank
A$9.41 B
Marketcap
$39.44
Share price
-0.50%
Change (1 day)
-15.48%
Change (1 year)

P/E ratio for Hankyu Hanshin Holdings (9042.T)

P/E ratio as of November 2024 (TTM): 15.7

According to Hankyu Hanshin Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7018. At the end of 2022 the company had a P/E ratio of 17.6.

P/E ratio history for Hankyu Hanshin Holdings from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.6-102.14%
2021-8241973.74%
2020-39.8-329.21%
201917.331.18%
201813.2-16.22%
201715.831.29%
201612.0-32.96%
201517.9-3.57%
201418.632.79%
201314.0-29.73%
201219.9106.54%
20119.65-53.82%
201020.9-54%
200945.4

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.