Aozora Bank
8304.T
#3923
Rank
$2.44 B
Marketcap
$17.66
Share price
1.66%
Change (1 day)
-13.73%
Change (1 year)

P/E ratio for Aozora Bank (8304.T)

P/E ratio as of November 2024 (TTM): 7.24

According to Aozora Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.24229. At the end of 2024 the company had a P/E ratio of -5.68.

P/E ratio history for Aozora Bank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2024-5.68-117.7%
202332.1265.91%
20228.77-15.75%
202110.414.73%
20209.070.86%
20198.99-21.63%
201811.54.68%
201711.05.33%
201610.4-14.81%
201512.243.39%
20148.52-6.31%
20139.0912.25%
20128.10-8.82%
20118.88-71.99%
201031.7-4572.21%
2009-0.7090-100.54%
20081311509.74%
20078.12

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.