Sumitomo Mitsui Trust Holdings
8309.T
#1108
Rank
A$26.70 B
Marketcap
$37.32
Share price
-1.62%
Change (1 day)
39.52%
Change (1 year)

P/E ratio for Sumitomo Mitsui Trust Holdings (8309.T)

P/E ratio as of December 2024 (TTM): 7.18

According to Sumitomo Mitsui Trust Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.17979. At the end of 2022 the company had a P/E ratio of 4.92.

P/E ratio history for Sumitomo Mitsui Trust Holdings from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.927.66%
20214.574.3%
20204.383.95%
20194.22-8.52%
20184.61-38.33%
20177.4756.47%
20164.78-12.93%
20155.48-5.92%
20145.83-24.18%
20137.6937.75%
20125.5833.28%
20114.195.62%
20103.97-264.25%
2009-2.41

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.