Japan Post Holdings
6178.T
#686
Rank
HK$234.44 B
Marketcap
HK$75.69
Share price
-1.16%
Change (1 day)
9.61%
Change (1 year)
Categories

P/E ratio for Japan Post Holdings (6178.T)

P/E ratio as of November 2024 (TTM): 15.2

According to Japan Post Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.248. At the end of 2022 the company had a P/E ratio of 8.44.

P/E ratio history for Japan Post Holdings from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.445.51%
20218.0011.34%
20207.19-11.8%
20198.15-23.88%
201810.7-89.5%
2017102483.95%
201617.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.80-35.75%๐Ÿ‡ฉ๐Ÿ‡ช Germany
-0.5143-103.37%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.