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.
|Company||P/E ratio||P/E ratio differencediff.||Country|
Sumitomo Mitsui Financial Group
Shinhan Financial Group
|4.54||-54.17%||🇰🇷 S. Korea|
KB Financial Group
|5.36||-45.87%||🇰🇷 S. Korea|
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.