Daiwa Securities Group
8601.T
#1512
Rank
$11.33 B
Marketcap
$8.09
Share price
-1.08%
Change (1 day)
55.52%
Change (1 year)

P/E ratio for Daiwa Securities Group (8601.T)

P/E ratio as of July 2024 (TTM): 21.6

According to Daiwa Securities Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6241. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for Daiwa Securities Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.371.95%
20217.71-25.45%
202010.3-24.68%
201913.732.68%
201810.4-15.39%
201712.23.27%
201611.924.57%
20159.51-15.65%
201411.316.95%
20139.64-57.89%
201222.9

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.