Prudential Financial
PRU
#488
Rank
$39.06 B
Marketcap
$108.70
Share price
1.26%
Change (1 day)
24.94%
Change (1 year)

P/E ratio for Prudential Financial (PRU)

P/E ratio as of April 2024 (TTM): 37.1

According to Prudential Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.0709. At the end of 2022 the company had a P/E ratio of -22.3.

P/E ratio history for Prudential Financial from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-22.3-503.57%
20215.53-107.31%
2020-75.6-927.71%
20199.138.17%
20188.4434.7%
20176.27-34.47%
20169.5645.36%
20156.58-80.39%
201433.5-157.12%
2013-58.7-213.45%
201251.8646.9%
20116.93-36.48%
201010.965.79%
20096.58-155.25%
2008-11.9-199.11%
200712.0-7.04%
200612.914.13%
200511.3-30.32%
200416.3-22.14%
200320.9-37.25%
200233.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.77-89.84%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4-31.37%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
6.00-83.81%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.97-118.81%๐Ÿ‡ณ๐Ÿ‡ฑ 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.