P/E ratio for Equitable Holdings (EQH)
P/E ratio as of September 2023 (TTM): 8.53
According to Equitable Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.5333. At the end of 2021 the company had a P/E ratio of -30.9.
P/E ratio history for Equitable Holdings from 2018 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -30.9 | 124.65% |
| 2020 | -13.8 | 94.8% |
| 2019 | -7.06 | -238.37% |
| 2018 | 5.10 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Equitable Holdings
EQH | 8.53 | 0.00% | 🇺🇸 USA |
 Voya Financial
VOYA | 11.1 | 30.32% | 🇺🇸 USA |
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.