According to Mizuho Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8937. At the end of 2022 the company had a P/E ratio of 8.18.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.18 | 35.1% |
2021 | 6.05 | -29.25% |
2020 | 8.56 | -80.28% |
2019 | 43.4 | 425.01% |
2018 | 8.27 | -8.49% |
2017 | 9.03 | 22.65% |
2016 | 7.37 | -26.23% |
2015 | 9.98 | 44.07% |
2014 | 6.93 | 38.47% |
2013 | 5.00 | 8.86% |
2012 | 4.60 | -55.08% |
2011 | 10.2 | 405.69% |
2010 | 2.02 | -193.55% |
2009 | -2.16 | -49.49% |
2008 | -4.28 | -88.65% |
2007 | -37.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Sumitomo Mitsui Financial Group SMFG | 13.5 | 23.50% | ๐ฏ๐ต Japan |
Shinhan Financial Group
SHG | 5.48 | -49.74% | ๐ฐ๐ท S. Korea |
KB Financial Group KB | 6.38 | -41.45% | ๐ฐ๐ท S. Korea |
ICICI Bank IBN | 18.9 | 73.04% | ๐ฎ๐ณ India |
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.