TSE:8630Insurance
Sompo Holdings (TSE:8630) Stock Can Profit Strength Outrun Margin Doubts
Sompo Holdings stock closed at ¥7,011 on Friday, with investors already sitting on a 15% gain over three months. The real story today is not the share price; it is how much profit power the insurer just put on the table.
Quarterly basic earnings per share landed at ¥203.15 and net income reached ¥181.2b against revenue of ¥1,763.3b. That margin picture is what the market is trying to price in. The question for you is whether a stock on a trailing P/E of 8.9x is fully reflecting that...