P/E ratio for Sumitomo Metal Mining (5713.T)
P/E ratio as of May 2023 (TTM): 5.62
According to Sumitomo Metal Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.61952. At the end of 2022 the company had a P/E ratio of 6.01.
P/E ratio history for Sumitomo Metal Mining from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.01 | -56.8% |
| 2021 | 13.9 | 32.82% |
| 2020 | 10.5 | -24.09% |
| 2019 | 13.8 | 2.45% |
| 2018 | 13.5 | -128.54% |
| 2017 | -47.2 | -97.67% |
| 2016 | < -1000 | -18820.48% |
| 2015 | 10.8 | 22.45% |
| 2014 | 8.83 | 5.4% |
| 2013 | 8.38 | -16.36% |
| 2012 | 10.0 | 3.89% |
| 2011 | 9.65 | -33.48% |
| 2010 | 14.5 | -41.03% |
| 2009 | 24.6 | 225.74% |
| 2008 | 7.55 | -26.82% |
| 2007 | 10.3 | -28.96% |
| 2006 | 14.5 | 19.22% |
| 2005 | 12.2 | -43.47% |
| 2004 | 21.5 | -111.21% |
| 2003 | -192 | 321.59% |
| 2002 | -45.6 | -351.35% |
| 2001 | 18.1 |
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.