P/E ratio for Nan Ya Plastics (1303.TW)
P/E ratio as of June 2024 (TTM): 88.9
According to Nan Ya Plastics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 88.9059. At the end of 2022 the company had a P/E ratio of 17.5.
P/E ratio history for Nan Ya Plastics from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.5 | 110.1% |
| 2021 | 8.32 | -62.49% |
| 2020 | 22.2 | -11.3% |
| 2019 | 25.0 | 128.24% |
| 2018 | 11.0 | -3.34% |
| 2017 | 11.3 | -1.9% |
| 2016 | 11.6 | -14.73% |
| 2015 | 13.6 | -18.25% |
| 2014 | 16.6 | -22.99% |
| 2013 | 21.5 | -50.26% |
| 2012 | 43.3 | 112.47% |
| 2011 | 20.4 | 46.28% |
| 2010 | 13.9 |
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.