Sumitomo Mitsui Trust Holdings
8309.T
#1322
Rank
$11.42 B
Marketcap
$31.67
Share price
-1.35%
Change (1 day)
-3.86%
Change (1 year)

P/E ratio for Sumitomo Mitsui Trust Holdings (8309.T)

P/E ratio as of December 2022 (TTM): 7.46

According to Sumitomo Mitsui Trust Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.46417. At the end of 2022 the company had a P/E ratio of 9.14.

P/E ratio history for Sumitomo Mitsui Trust Holdings from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.14-12.53%
202110.538.26%
20207.56-14.04%
20198.80-17.5%
201810.7-12.72%
201712.264.36%
20167.43-40.69%
201512.5-8.05%
201413.6-0.18%
201313.799.35%
20126.85-31.23%
20119.96-11.11%
201011.2-403.94%
2009-3.69-143%
20088.58-8.98%
20079.42-22.48%
200612.231.09%
20059.27-27.47%
200412.8670.15%
20031.66-396.92%
2002-0.5590-105.09%
200111.0

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.