AMEC
688012.SS
#1505
Rank
$10.91 B
Marketcap
$17.62
Share price
0.78%
Change (1 day)
11.59%
Change (1 year)
AMEC or Advanced Micro-Fabrication Equipment is a Chinese semiconductor microfabrication equipment company.

P/E ratio for AMEC (688012.SS)

P/E ratio as of February 2024 (TTM): 55.8

According to AMEC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.8039. At the end of 2022 the company had a P/E ratio of 51.6.

P/E ratio history for AMEC from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202251.6-28.29%
202171.9-58.01%
2020171-31.41%
2019250

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.