P/E ratio for Mizuho Financial Group (MFG)
P/E ratio as of September 2023 (TTM): 9.90
According to Mizuho Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.90083. 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 |
|---|---|---|
| 2022 | 7.75 | -14.37% |
| 2021 | 9.06 | 22.99% |
| 2020 | 7.36 | -83.89% |
| 2019 | 45.7 | 428.07% |
| 2018 | 8.66 | -1.45% |
| 2017 | 8.78 | 44.74% |
| 2016 | 6.07 | -30.79% |
| 2015 | 8.77 | 19.48% |
| 2014 | 7.34 | -11.74% |
| 2013 | 8.32 | 25.32% |
| 2012 | 6.64 | -3.06% |
| 2011 | 6.84 | -40.24% |
| 2010 | 11.5 | -668.02% |
| 2009 | -2.02 | -100.01% |
| 2008 | > 1000 | 102681.72% |
| 2007 | 14.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sumitomo Mitsui Financial Group SMFG | 12.0 | 21.47% | 🇯🇵 Japan |
 Shinhan Financial Group
SHG | 4.54 | -54.17% | 🇰🇷 S. Korea |
 KB Financial Group KB | 5.36 | -45.87% | 🇰🇷 S. Korea |
 ICICI Bank IBN | 18.1 | 82.55% | 🇮🇳 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.