P/E ratio for Voya Financial (VOYA)
P/E ratio as of April 2024 (TTM): 10.5
According to Voya Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4523. At the end of 2022 the company had a P/E ratio of 12.2.
P/E ratio history for Voya Financial from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.2 | 221.81% |
| 2021 | 3.78 | -107.83% |
| 2020 | -48.2 | 135.57% |
| 2019 | -20.5 | -368.15% |
| 2018 | 7.63 | -349.9% |
| 2017 | -3.05 | -87.08% |
| 2016 | -23.6 | -214.58% |
| 2015 | 20.6 | 341.3% |
| 2014 | 4.67 | -68.53% |
| 2013 | 14.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 11.0 | 4.99% | 🇺🇸 USA |
 Manulife Financial MFC | 11.0 | 5.63% | 🇨🇦 Canada |
 Reinsurance Group of America
RGA | 12.4 | 18.24% | 🇺🇸 USA |
 CNO Financial Group
CNO | 13.7 | 31.12% | 🇺🇸 USA |
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.