Resona Holdings
8308.T
#1333
Rank
$11.34 B
Marketcap
$4.76
Share price
-1.60%
Change (1 day)
30.41%
Change (1 year)

P/E ratio for Resona Holdings (8308.T)

P/E ratio as of December 2022 (TTM): 10.4

According to Resona Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3537. At the end of 2022 the company had a P/E ratio of 11.9.

P/E ratio history for Resona Holdings from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202211.935.52%
20218.7668.79%
20205.19-19.6%
20196.4615.47%
20185.59-38.4%
20179.0875.77%
20165.16-22.53%
20156.6718.89%
20145.6127.46%
20134.4011.48%
20123.95-26.19%
20115.35-60.36%
201013.59.82%
200912.395.41%
20086.286.92%
20075.88-53.53%
200612.680.53%
20057.01-837.45%
2004-0.9500157.77%
2003-0.3686-26.05%
2002-0.4984

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.