According to Sumitomo Mitsui Trust Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.70578. At the end of 2022 the company had a P/E ratio of 4.92.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.92 | 7.66% |
2021 | 4.57 | 4.3% |
2020 | 4.38 | 3.95% |
2019 | 4.22 | -8.52% |
2018 | 4.61 | -38.33% |
2017 | 7.47 | 56.47% |
2016 | 4.78 | -12.93% |
2015 | 5.48 | -5.92% |
2014 | 5.83 | -24.18% |
2013 | 7.69 | 37.75% |
2012 | 5.58 | 33.28% |
2011 | 4.19 | 5.62% |
2010 | 3.97 | -264.25% |
2009 | -2.41 |
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.