P/E ratio for Dai-ichi Life Holdings (8750.T)
P/E ratio as of April 2024 (TTM): 18.1
According to Dai-ichi Life Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1226. At the end of 2022 the company had a P/E ratio of 11.8.
P/E ratio history for Dai-ichi Life Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.8 | 128.41% |
| 2021 | 5.18 | -78.57% |
| 2020 | 24.2 | 134.62% |
| 2019 | 10.3 | 62.35% |
| 2018 | 6.34 | -42.55% |
| 2017 | 11.0 | -9.11% |
| 2016 | 12.1 | -8.07% |
| 2015 | 13.2 | -12.92% |
| 2014 | 15.2 | -28.88% |
| 2013 | 21.3 | -41.84% |
| 2012 | 36.7 | -459.04% |
| 2011 | -10.2 | -212.22% |
| 2010 | 9.11 |
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.