P/E ratio for Nomura Holdings (NMR)
P/E ratio as of June 2023 (TTM): 12.3
According to Nomura Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3269. At the end of 2021 the company had a P/E ratio of -32.2.
P/E ratio history for Nomura Holdings from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -32.2 | -615.16% |
| 2020 | 6.26 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameriprise Financial
AMP | 15.6 | 26.66% | 🇺🇸 USA |
 Deutsche Bank DB | 4.13 | -66.50% | 🇩🇪 Germany |
 Stifel
SF | 10.5 | -14.94% | 🇺🇸 USA |
 Mizuho Financial Group
MFG | 6.37 | -48.30% | 🇯🇵 Japan |
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.