RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Sumitomo Mitsui Financial Group P/E 2024

Sumitomo Mitsui Financial Group P/E

12.76

Sumitomo Mitsui Financial Group Dividend yield

2.99 %

Ticker

8316.T

ISIN

JP3890350006

WKN

778924

As of Apr 23, 2024, Sumitomo Mitsui Financial Group's P/E ratio was 12.76, a 31.82% change from the 9.68 P/E ratio recorded in the previous year.

The Sumitomo Mitsui Financial Group P/E history

Sumitomo Mitsui Financial Group Aktienanalyse

What does Sumitomo Mitsui Financial Group do?

Sumitomo Mitsui Financial Group Inc (SMFG) is a Japanese financial company that was founded in April 2002. It was formed from the merger of Sumitomo Mitsui Banking Corporation (SMBC) and Sakura Bank, one of Japan's oldest financial institutions. SMFG is headquartered in Tokyo and employs over 75,000 employees. Business model and divisions: SMFG is a conglomerate of financial institutions operating in the retail and wholesale banking sectors. The company offers financial services such as deposits, loans, investment advisory, securities trading, asset management, insurance, and other financial services. SMFG operates in three main divisions: the first division is Sumitomo Mitsui Banking Corporation, serving both retail and wholesale banking; the second division is SMBC Nikko Securities Inc., offering services such as investment banking, asset management, and institutional business; the third division is SMBC Trust Bank Ltd., specializing in asset management and trust services for retail customers. Products and services: A key component of SMFG's business is retail banking. The company offers various types of deposit accounts, such as time deposits, checking accounts, and savings accounts. Additionally, the company offers various card products, such as credit cards and debit cards. The securities division primarily caters to institutional clients, offering investment banking, trade financing, foreign exchange transactions, and other capital market instruments. For customers looking to invest their money, SMFG offers various investment products, such as investment funds, ETFs, stocks, bonds, and other securities. The company also operates in the field of asset management, with its own asset management unit managing portfolios on behalf of clients. History: SMBC and Sakura Bank have a long history in Japan. SMBC traces its roots back to Mitsui Banking Corporation, which was established in 1876. Sakura Bank was founded in 1873 as Dai-Ichi Bank and was one of the oldest financial institutions in Japan. Over the years, both institutions have undergone numerous acquisitions and mergers. The merger of SMBC and Sakura Bank in 2001 led to the formation of SMFG, which has since expanded its business in Japan and other parts of the world. Conclusion: Sumitomo Mitsui Financial Group Inc is a major player in Japan's financial world. The company offers a variety of products and services for retail and wholesale customers and operates in various segments of the financial sector. Thanks to its broad business scope and comprehensive expertise, SMFG has been able to expand its position as one of Japan's leading financial institutions. Sumitomo Mitsui Financial Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sumitomo Mitsui Financial Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Sumitomo Mitsui Financial Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Sumitomo Mitsui Financial Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Sumitomo Mitsui Financial Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Sumitomo Mitsui Financial Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Sumitomo Mitsui Financial Group Stock

What is the price-to-earnings ratio of Sumitomo Mitsui Financial Group?

The price-earnings ratio of Sumitomo Mitsui Financial Group is currently 12.76.

How has the price-earnings ratio of Sumitomo Mitsui Financial Group changed compared to last year?

The price-to-earnings ratio of Sumitomo Mitsui Financial Group has increased by 31.82% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Sumitomo Mitsui Financial Group high compared to other companies?

Yes, the price-to-earnings ratio of Sumitomo Mitsui Financial Group is high compared to other companies.

How does an increase in the price-earnings ratio of Sumitomo Mitsui Financial Group affect the company?

An increase in the price-earnings ratio of Sumitomo Mitsui Financial Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Sumitomo Mitsui Financial Group affect the company?

A decrease in the price-earnings ratio of Sumitomo Mitsui Financial Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Sumitomo Mitsui Financial Group?

Some factors that influence the price-earnings ratio of Sumitomo Mitsui Financial Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Sumitomo Mitsui Financial Group pay?

Over the past 12 months, Sumitomo Mitsui Financial Group paid a dividend of 260 JPY . This corresponds to a dividend yield of about 2.99 %. For the coming 12 months, Sumitomo Mitsui Financial Group is expected to pay a dividend of 268.38 JPY.

What is the dividend yield of Sumitomo Mitsui Financial Group?

The current dividend yield of Sumitomo Mitsui Financial Group is 2.99 %.

When does Sumitomo Mitsui Financial Group pay dividends?

Sumitomo Mitsui Financial Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group paid dividends every year for the past 24 years.

What is the dividend of Sumitomo Mitsui Financial Group?

For the upcoming 12 months, dividends amounting to 268.38 JPY are expected. This corresponds to a dividend yield of 3.09 %.

In which sector is Sumitomo Mitsui Financial Group located?

Sumitomo Mitsui Financial Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Sumitomo Mitsui Financial Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sumitomo Mitsui Financial Group from 6/1/2024 amounting to 135 JPY, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Sumitomo Mitsui Financial Group pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Sumitomo Mitsui Financial Group in the year 2023?

In the year 2023, Sumitomo Mitsui Financial Group distributed 220 JPY as dividends.

In which currency does Sumitomo Mitsui Financial Group pay out the dividend?

The dividends of Sumitomo Mitsui Financial Group are distributed in JPY.

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Andere Kennzahlen von Sumitomo Mitsui Financial Group

Our stock analysis for Sumitomo Mitsui Financial Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sumitomo Mitsui Financial Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.