Sumitomo Mitsui Financial Group
SMFG
#356
Rank
$46.82 B
Marketcap
$6.83
Share price
0.29%
Change (1 day)
1.94%
Change (1 year)

P/E ratio for Sumitomo Mitsui Financial Group (SMFG)

P/E ratio as of December 2022 (TTM): 7.27

According to Sumitomo Mitsui Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.26672. At the end of 2022 the company had a P/E ratio of 7.74.

P/E ratio history for Sumitomo Mitsui Financial Group from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.74-29.5%
202111.0104.39%
20205.37-30.01%
20197.67-11.56%
20188.68-4.04%
20179.0427.74%
20167.08-17.79%
20158.618.43%
20147.9428.16%
20136.20-17.4%
20127.50-3.36%
20117.7627.13%
20106.11-186.69%
2009-7.04-160.49%
200811.6-36.95%
200718.533.23%
200613.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.40-11.97%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 49.11%๐Ÿ‡บ๐Ÿ‡ธ USA
3.78-48.03%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
5.10-29.83%๐Ÿ‡ฏ๐Ÿ‡ต Japan
21.1 190.86%๐Ÿ‡ฎ๐Ÿ‡ณ India
4.83-33.59%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.