SoftBank
9984.T
#234
Rank
HK$622.67 B
Marketcap
HK$431.01
Share price
-1.11%
Change (1 day)
34.64%
Change (1 year)

P/E ratio for SoftBank (9984.T)

P/E ratio as of November 2024 (TTM): 8.46

According to SoftBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46414. At the end of 2022 the company had a P/E ratio of -3.15.

P/E ratio history for SoftBank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.15-172.94%
20214.31-53.36%
20209.25-204.95%
2019-8.81-269.44%
20185.20-15.69%
20176.17-36.9%
20169.77-30.54%
201514.1-1.46%
201414.3-26.81%
201319.5110.32%
20129.2811.13%
20118.35-60.45%
201021.1-28.23%
200929.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.2 32.26%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
8.63 1.92%๐Ÿ‡บ๐Ÿ‡ธ USA
< -1000-14,820.93%๐Ÿ‡บ๐Ÿ‡ธ 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.