P/E ratio for Japan Post Holdings (6178.T)
P/E ratio as of September 2023 (TTM): 13.2
According to Japan Post Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1875. At the end of 2022 the company had a P/E ratio of 6.94.
P/E ratio history for Japan Post Holdings from 2018 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.94 | -28.24% |
| 2021 | 9.67 | 35.96% |
| 2020 | 7.11 | -35.32% |
| 2019 | 11.0 | -3.01% |
| 2018 | 11.3 | -105.7% |
| 2017 | -199 | -1376.67% |
| 2016 | 15.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 DHL Group (Deutsche Post) DHL.DE | 10.7 | -18.59% | 🇩🇪 Germany |
 PostNL PNL.AS | -1.04 | -107.89% | 🇳🇱 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.