P/E ratio as of January 2024 (TTM): 6.62
According to SoftBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.62118.At the end of 2022 the company had a P/E ratio of -3.15.
P/E ratio history for SoftBank from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.15 | -172.94% |
| 2021 | 4.31 | -53.36% |
| 2020 | 9.25 | -204.95% |
| 2019 | -8.81 | -269.44% |
| 2018 | 5.20 | -15.69% |
| 2017 | 6.17 | -36.9% |
| 2016 | 9.77 | -30.54% |
| 2015 | 14.1 | -1.46% |
| 2014 | 14.3 | -26.81% |
| 2013 | 19.5 | 110.32% |
| 2012 | 9.28 | 11.13% |
| 2011 | 8.35 | -60.45% |
| 2010 | 21.1 | -28.23% |
| 2009 | 29.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
Spok Holdings SPOK | 8.19 | 23.68% | 🇺🇸 USA |
Shentel SHEN | < -1000 | -31,257.59% | 🇺🇸 USA |
SK Telecom SKM | 10.2 | 54.20% | 🇰🇷 S. Korea |
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.
