P/E ratio for Japan Post Holdings (6178.T)
P/E ratio as of May 2024 (TTM): 15.2
According to Japan Post Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2243. At the end of 2022 the company had a P/E ratio of 8.44.
P/E ratio history for Japan Post Holdings from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.44 | 5.51% |
| 2021 | 8.00 | 11.34% |
| 2020 | 7.19 | -11.8% |
| 2019 | 8.15 | -23.88% |
| 2018 | 10.7 | -89.5% |
| 2017 | 102 | 483.95% |
| 2016 | 17.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 DHL Group (Deutsche Post) DHL.DE | 11.0 | -27.87% | 🇩🇪 Germany |
 PostNL PNL.AS | -0.6376 | -104.19% | 🇳🇱 Netherlands |
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.