Mizuho Financial Group
MFG
#556
Rank
$31.32 B
Marketcap
$2.45
Share price
0.00%
Change (1 day)
-3.54%
Change (1 year)

P/E ratio for Mizuho Financial Group (MFG)

P/E ratio as of December 2022 (TTM): 5.10

According to Mizuho Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.09913. At the end of 2022 the company had a P/E ratio of 7.75.

P/E ratio history for Mizuho Financial Group from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.75-14.37%
20219.0622.99%
20207.36-83.89%
201945.7428.07%
20188.66-1.45%
20178.7844.74%
20166.07-30.79%
20158.7719.48%
20147.34-11.74%
20138.3225.32%
20126.64-3.06%
20116.84-40.24%
201011.5-668.02%
2009-2.02-100.01%
2008> 1000102681.72%
200714.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.27 42.51%๐Ÿ‡ฏ๐Ÿ‡ต Japan
3.78-25.94%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
3.61-29.12%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
21.1 314.51%๐Ÿ‡ฎ๐Ÿ‡ณ India

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.