Mizuho Financial Group
MFG
#346
Rank
$55.29 B
Marketcap
$4.36
Share price
-1.36%
Change (1 day)
33.74%
Change (1 year)

P/E ratio for Mizuho Financial Group (MFG)

P/E ratio as of July 2024 (TTM): 12.0

According to Mizuho Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0382. At the end of 2022 the company had a P/E ratio of 8.18.

P/E ratio history for Mizuho Financial Group from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.1835.1%
20216.05-29.25%
20208.56-80.28%
201943.4425.01%
20188.27-8.49%
20179.0322.65%
20167.37-26.23%
20159.9844.07%
20146.9338.47%
20135.008.86%
20124.60-55.08%
201110.2405.69%
20102.02-193.55%
2009-2.16-49.49%
2008-4.28-88.65%
2007-37.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.37-47.10%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
7.50-37.67%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
16.4 36.58%๐Ÿ‡ฏ๐Ÿ‡ต Japan
21.1 75.14%๐Ÿ‡ฎ๐Ÿ‡ณ India

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.