Mizuho Financial Group, Inc.

MFG Financial Banks Regional

In the quarter to June 2026, revenue grew 12.6%, EPS grew 54.7%, free cash flow grew 15.8% and total debt rose 15.0%, each against the same quarter a year earlier.

10.16 0.06 −0.59%
Market cap
$124.4B
P/E
2.3×
Fwd P/E
13.9×
Dividend yield
0.89%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Mizuho Financial Group, Inc. (MFG) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Mizuho Financial Group, Inc. (MFG) trades at a P/E ratio of 2.3×. Over the past ten years it has ranged from 0.8× (November 2021) to 11.7× (January 2018); the current reading is higher than 37% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.4×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2026 2.2× (18.28%)
FY2025 2.7× 75.81%
FY2024 1.5× 14.71%
FY2023 1.3× 43.63%
FY2022 0.9× (56.01%)
FY2021 2.1× (24.95%)
FY2020 2.8× (64.19%)
FY2019 7.8× (26.10%)
FY2018 10.6× 9.04%
FY2017 9.7× 38.72%

Quarterly newest first

Period P/E ratio Change
Jun 2026 2.2× 41.94%
Jun 2025 1.5× (26.15%)
Jun 2024 2.1× 52.88%
Sep 2023 1.4× 13.18%
21 more quarters

Against its own ten years

Low 0.8× High 11.7×
Ten-year median 2.7×
Current reading's percentile 40

P/E ratio against peers

Company P/E ratio
MFG Mizuho Financial Group, Inc. 2.3×
DB Deutsche Bank Aktiengesellschaft compare 7.6×
NWG NatWest Group plc compare 9.9×
USB U.S. Bancorp compare 11.3×
PNC The PNC Financial Services Group, Inc compare 11.4×
LYG Lloyds Banking Group PLC compare 15.5×
HDB HDFC Bank Limited compare 16.0×
IBN ICICI Bank Limited compare 18.5×
NU Nu Holdings Ltd. compare 19.7×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on MFG