P/E ratio for Mitsubishi UFJ Financial (MUFG)
P/E ratio as of September 2023 (TTM): 9.29
According to Mitsubishi UFJ Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.29271. At the end of 2022 the company had a P/E ratio of 8.72.
P/E ratio history for Mitsubishi UFJ Financial from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.72 | -13.84% |
| 2021 | 10.1 | -1.89% |
| 2020 | 10.3 | 22.41% |
| 2019 | 8.43 | 10.31% |
| 2018 | 7.64 | -27.08% |
| 2017 | 10.5 | 39.78% |
| 2016 | 7.50 | 5.87% |
| 2015 | 7.08 | -12.32% |
| 2014 | 8.07 | 13.02% |
| 2013 | 7.14 | -51.23% |
| 2012 | 14.7 | 21.08% |
| 2011 | 12.1 | 63.85% |
| 2010 | 7.38 | -310.75% |
| 2009 | -3.50 | -79.09% |
| 2008 | -16.8 | -100.04% |
| 2007 | > 1000 | -50.09% |
| 2006 | > 1000 | 598753.27% |
| 2005 | 14.9 | 91.45% |
| 2004 | 7.76 | -39.61% |
| 2003 | 12.9 | -164.89% |
| 2002 | -19.8 | -59.47% |
| 2001 | -48.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 7.50 | -19.27% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.2 | 9.45% | 🇺🇸 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.