Voya Financial
VOYA
#2037
Rank
$7.86 B
Marketcap
$79.97
Share price
-0.41%
Change (1 day)
14.05%
Change (1 year)

P/E ratio for Voya Financial (VOYA)

P/E ratio as of November 2024 (TTM): 12.3

According to Voya Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3031. 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
202212.2221.81%
20213.78-107.83%
2020-48.2135.57%
2019-20.5-368.15%
20187.63-349.9%
2017-3.05-87.08%
2016-23.6-214.58%
201520.6341.3%
20144.67-68.53%
201314.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.9 13.16%๐Ÿ‡จ๐Ÿ‡ฆ Canada
13.7 11.55%๐Ÿ‡บ๐Ÿ‡ธ USA
13.9 13.09%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6 51.27%๐Ÿ‡บ๐Ÿ‡ธ 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.