P/E ratio for Equitable Holdings (EQH)
P/E ratio as of April 2024 (TTM): 6.32
According to Equitable Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.32176. At the end of 2022 the company had a P/E ratio of 6.24.
P/E ratio history for Equitable Holdings from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.24 | -120.18% |
| 2021 | -30.9 | 128.47% |
| 2020 | -13.5 | 91.78% |
| 2019 | -7.06 | -238.8% |
| 2018 | 5.09 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Equitable Holdings
EQH | 6.32 | 0.00% | 🇺🇸 USA |
 Voya Financial
VOYA | 10.4 | 64.17% | 🇺🇸 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.