P/E ratio for Prudential Financial (PRU)
P/E ratio as of October 2023 (TTM): 21.7
According to Prudential Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6534. At the end of 2021 the company had a P/E ratio of 5.47.
P/E ratio history for Prudential Financial from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.47 | -106.7% |
| 2020 | -81.6 | -1008.88% |
| 2019 | 8.98 | 7.24% |
| 2018 | 8.38 | 34.61% |
| 2017 | 6.22 | -27.26% |
| 2016 | 8.56 | 30.89% |
| 2015 | 6.54 | -79.21% |
| 2014 | 31.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lincoln National Corporation LNC | -1.93 | -108.93% | 🇺🇸 USA |
 MetLife MET | 24.1 | 11.41% | 🇺🇸 USA |
 Prudential PUK | N/A | N/A | 🇬🇧 UK |
 Genworth Financial
GNW | 5.98 | -72.38% | 🇺🇸 USA |
 AEGON
AEG | -5.68 | -126.24% | 🇳🇱 Netherlands |
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.