Dai-ichi Life Holdings
8750.T
#885
Rank
C$31.48 B
Marketcap
$34.22
Share price
-1.59%
Change (1 day)
22.88%
Change (1 year)

P/E ratio for Dai-ichi Life Holdings (8750.T)

P/E ratio as of November 2024 (TTM): 19.8

According to Dai-ichi Life Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8467. At the end of 2022 the company had a P/E ratio of 11.8.

P/E ratio history for Dai-ichi Life Holdings from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.8128.41%
20215.18-78.57%
202024.2134.62%
201910.362.35%
20186.34-42.55%
201711.0-9.11%
201612.1-8.07%
201513.2-12.92%
201415.2-28.88%
201321.3-41.84%
201236.7-459.04%
2011-10.2-212.22%
20109.11

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.