P/E ratio for AirTAC International (1590.TW)
P/E ratio as of April 2024 (TTM): 35.7
According to AirTAC International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.6844. At the end of 2022 the company had a P/E ratio of 31.0.
P/E ratio history for AirTAC International from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.0 | 2.2% |
| 2021 | 30.3 | -14.05% |
| 2020 | 35.2 | 7.69% |
| 2019 | 32.7 | 61.97% |
| 2018 | 20.2 | -32.54% |
| 2017 | 30.0 | 24.11% |
| 2016 | 24.1 | 19.9% |
| 2015 | 20.1 | -27.74% |
| 2014 | 27.9 | -5.91% |
| 2013 | 29.6 | 21.92% |
| 2012 | 24.3 | 72.12% |
| 2011 | 14.1 | -26.89% |
| 2010 | 19.3 |
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.