P/E ratio for Sumitomo Realty & Development (8830.T)
P/E ratio as of March 2023 (TTM): 5.41
According to Sumitomo Realty & Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.40567. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Sumitomo Realty & Development from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | -18.12% |
| 2021 | 13.2 | 40.88% |
| 2020 | 9.37 | -43.49% |
| 2019 | 16.6 | 6.5% |
| 2018 | 15.6 | 17.85% |
| 2017 | 13.2 | -25.96% |
| 2016 | 17.9 | -32.35% |
| 2015 | 26.4 | -4.32% |
| 2014 | 27.6 | -0.28% |
| 2013 | 27.7 | 55.67% |
| 2012 | 17.8 | 14.35% |
| 2011 | 15.5 | -3.18% |
| 2010 | 16.0 | 39.67% |
| 2009 | 11.5 | -16.22% |
| 2008 | 13.7 | -67.5% |
| 2007 | 42.2 | -9.03% |
| 2006 | 46.4 | 18.76% |
| 2005 | 39.1 | -53.66% |
| 2004 | 84.3 | 156.86% |
| 2003 | 32.8 | 190.15% |
| 2002 | 11.3 | -182.89% |
| 2001 | -13.6 |
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.