P/E ratio for SBI Holdings (8473.T)
P/E ratio as of May 2024 (TTM): 14.9
According to SBI Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8926. At the end of 2022 the company had a P/E ratio of 59.0.
P/E ratio history for SBI Holdings from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.0 | 2848.31% |
| 2021 | 2.00 | -79.14% |
| 2020 | 9.59 | -7.23% |
| 2019 | 10.3 | 4.79% |
| 2018 | 9.86 | -12.2% |
| 2017 | 11.2 | 42.75% |
| 2016 | 7.87 | -15.09% |
| 2015 | 9.27 | 18.6% |
| 2014 | 7.81 | -49.46% |
| 2013 | 15.5 | -102.74% |
| 2012 | -564 | -2445.45% |
| 2011 | 24.1 |
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.