Sumitomo Realty & Development
8830.T
#1243
Rank
$12.50 B
Marketcap
$26.38
Share price
-2.96%
Change (1 day)
-15.18%
Change (1 year)

P/E ratio for Sumitomo Realty & Development (8830.T)

P/E ratio as of December 2022 (TTM): 6.55

According to Sumitomo Realty & Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.55416. At the end of 2022 the company had a P/E ratio of 10.8.

P/E ratio history for Sumitomo Realty & Development from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202210.8-18.12%
202113.240.88%
20209.37-43.49%
201916.66.5%
201815.617.85%
201713.2-25.96%
201617.9-32.35%
201526.4-4.32%
201427.6-0.28%
201327.755.67%
201217.814.35%
201115.5-3.18%
201016.039.67%
200911.5-16.22%
200813.7-67.5%
200742.2-9.03%
200646.418.76%
200539.1-53.66%
200484.3156.86%
200332.8190.15%
200211.3-182.89%
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.