Nidec (NJDCY) Forward PE Ratio : 20.18 (As of Apr. 26, 2024)

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What is Nidec Forward PE Ratio?

Nidec's Forward PE Ratio for today is 20.18.

Nidec's PE Ratio without NRI for today is 29.61.

Nidec's PE Ratio for today is 29.76.

Nidec Forward PE Ratio Historical Data

The historical data trend for Nidec's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nidec Forward PE Ratio Chart

Nidec Annual Data

Trend

2016-12

2017-11

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

23.92

30.58

19.34

24.94

49.02

41.15

18.38

13.40

19.19

Nidec Quarterly Data
	2016-09	2016-12	2017-03	2017-06	2017-09	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	27.78	23.92	24.88	22.94	26.25	28.90	29.15	29.07	19.34	24.39	27.93	29.94	24.94	21.74	30.58	54.35	49.02	49.26	48.54	48.54	41.15	30.03	27.47	26.81	18.38	19.80	24.51	20.24	13.40	18.08

Competitive Comparison of Nidec's Forward PE Ratio

For the Specialty Industrial Machinery subindustry, Nidec's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nidec's Forward PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Nidec's Forward PE Ratio falls into.

Nidec Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Nidec (OTCPK:NJDCY) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Nidec Forward PE Ratio Related Terms

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Nidec (NJDCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nidec Corp (OTCPK:NJDCY) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

NNDNF:USA NIDEC:Mexico 6594:Japan NIB:Germany NIB:Austria

Address

338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205

Website

http://www.nidec.com

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.