Central Japan Railway
9022.T
#1053
Rank
ยฃ14.39 B
Marketcap
ยฃ14.63
Share price
-0.07%
Change (1 day)
-26.22%
Change (1 year)

P/E ratio for Central Japan Railway (9022.T)

P/E ratio as of December 2024 (TTM): 2.58

According to Central Japan Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.57891. At the end of 2022 the company had a P/E ratio of 6.17.

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

PE ratio at the end of each year

Year P/E ratio Change
20226.17-181.37%
2021-7.58-42.33%
2020-13.1-626.76%
20192.49-8.38%
20182.725.48%
20172.58-3.48%
20162.67-28.95%
20153.7610%
20143.4234.34%
20132.5532.74%
20121.92-29.21%
20112.71-83.07%
201016.0-7.28%
200917.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.20 256.71%๐Ÿ‡ฏ๐Ÿ‡ต Japan
7.21 179.61%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.