East Japan Railway
9020.T
#981
Rank
NZ$34.96 B
Marketcap
$30.91
Share price
-0.43%
Change (1 day)
2.52%
Change (1 year)
East Japan Railway Company is a Japanese railroad company and one of the seven successors of the Japanese National Railways, which was privatized in 1987.

P/E ratio for East Japan Railway (9020.T)

P/E ratio as of December 2024 (TTM): 7.21

According to East Japan Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.21086. At the end of 2022 the company had a P/E ratio of 15.4.

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

PE ratio at the end of each year

Year P/E ratio Change
202215.4-734.74%
2021-2.42-2.77%
2020-2.49-154.91%
20194.547.5%
20184.22-12.38%
20174.82-8.02%
20165.24-18.5%
20156.438.22%
20145.942.14%
20135.8148.21%
20123.92-75.53%
201116.0197.34%
20105.392.03%
20095.29

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.58-64.24%๐Ÿ‡ฏ๐Ÿ‡ต Japan
9.20 27.57%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.