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Mitsubishi Electric Corp
TSE:6503

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Mitsubishi Electric Corp
TSE:6503
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Price: 2 819.5 JPY -0.11% Market Closed
Updated: May 17, 2024

P/E
Price to Earnings

20.7
Current
16
Median
22.8
Industry
Higher than median
Lower than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
20.7
=
Market Cap
5.9T
/
Net Income
284.9B
All Countries
Close

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
20.5
2-Years Forward
P/E
17.5
3-Years Forward
P/E
N/A

See Also

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