Sompo Holdings
8630.T
#907
Rank
$21.08 B
Marketcap
$21.41
Share price
-3.18%
Change (1 day)
-53.76%
Change (1 year)

P/E ratio for Sompo Holdings (8630.T)

P/E ratio as of July 2024 (TTM): 5.51

According to Sompo Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.50553. At the end of 2022 the company had a P/E ratio of 25.3.

P/E ratio history for Sompo Holdings from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.3255.11%
20217.12-52.83%
202015.130.42%
201911.60.75%
201811.530.59%
20178.790.32%
20168.77-46.47%
201516.4-47.16%
201431.0119.62%
201314.110.86%
201212.7-475.04%
2011-3.39

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.