P/E ratio for Sompo Holdings (8630.T)
P/E ratio as of September 2023 (TTM): 11.5
According to Sompo Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.54. At the end of 2022 the company had a P/E ratio of 8.53.
P/E ratio history for Sompo Holdings from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.53 | -21.64% |
| 2021 | 10.9 | 2.68% |
| 2020 | 10.6 | -0.56% |
| 2019 | 10.7 | -9.98% |
| 2018 | 11.8 | 20.34% |
| 2017 | 9.85 | 22.83% |
| 2016 | 8.02 | -71.87% |
| 2015 | 28.5 | 14.7% |
| 2014 | 24.8 | 33.57% |
| 2013 | 18.6 | -323.52% |
| 2012 | -8.32 | -88.14% |
| 2011 | -70.1 |
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.