ASE Group
ASX
#756
Rank
$25.89 B
Marketcap
$11.99
Share price
0.41%
Change (1 day)
35.47%
Change (1 year)

P/E ratio for ASE Group (ASX)

P/E ratio as of June 2024 (TTM): 20.7

According to ASE Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6625. At the end of 2022 the company had a P/E ratio of 6.53.

P/E ratio history for ASE Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.53-24.12%
20218.60-65.36%
202024.8-75.47%
2019101712.8%
201812.5-28.74%
201717.522.12%
201614.3-21.68%
201518.321.82%
201415.0-8.21%
201316.3-5.38%
201217.3-2%
201117.6-3.29%
201018.2-52.34%
200938.2372.58%
20088.09-66.55%
200724.255.89%
200615.5-131.56%
2005-49.2-231.79%
200437.3-49.02%
200373.2-89.49%
2002696-1014.38%
2001-76.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.8 39.21%๐Ÿ‡น๐Ÿ‡ผ Taiwan
> 1000 6,136.32%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3 17.59%๐Ÿ‡บ๐Ÿ‡ธ USA
5.99-71.02%๐Ÿ‡น๐Ÿ‡ผ Taiwan
9.64-53.35%๐Ÿ‡น๐Ÿ‡ผ Taiwan

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.