West Japan Railway
9021.T
#1964
Rank
A$13.07 B
Marketcap
$27.78
Share price
-0.04%
Change (1 day)
-7.10%
Change (1 year)

P/E ratio for West Japan Railway (9021.T)

P/E ratio as of December 2024 (TTM): 9.14

According to West Japan Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.13733. At the end of 2022 the company had a P/E ratio of 29.2.

P/E ratio history for West Japan Railway from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.2-863.71%
2021-3.8240.38%
2020-2.72-136.79%
20197.40-1.21%
20187.500.9%
20177.43-13.76%
20168.61-10.06%
20159.5846.42%
20146.54-7.2%
20137.0523.71%
20125.70-66.49%
201117.0161.19%
20106.51-40.53%
200910.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.56-71.97%๐Ÿ‡ฏ๐Ÿ‡ต Japan
7.19-21.35%๐Ÿ‡ฏ๐Ÿ‡ต Japan

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.