P/E ratio for ASE Group (ASX)
P/E ratio as of April 2024 (TTM): 17.4
According to ASE Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4264. 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 |
|---|---|---|
| 2022 | 6.53 | -24.12% |
| 2021 | 8.60 | -65.36% |
| 2020 | 24.8 | -75.47% |
| 2019 | 101 | 712.8% |
| 2018 | 12.5 | -28.74% |
| 2017 | 17.5 | 22.12% |
| 2016 | 14.3 | -21.68% |
| 2015 | 18.3 | 21.82% |
| 2014 | 15.0 | -8.21% |
| 2013 | 16.3 | -5.38% |
| 2012 | 17.3 | -2% |
| 2011 | 17.6 | -3.29% |
| 2010 | 18.2 | -52.34% |
| 2009 | 38.2 | 372.58% |
| 2008 | 8.09 | -66.55% |
| 2007 | 24.2 | 55.89% |
| 2006 | 15.5 | -131.56% |
| 2005 | -49.2 | -231.79% |
| 2004 | 37.3 | -49.02% |
| 2003 | 73.2 | -89.49% |
| 2002 | 696 | -1014.38% |
| 2001 | -76.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TSMC TSM | 22.2 | 27.21% | 🇹🇼 Taiwan |
 AMD AMD | > 1000 | 7,453.54% | 🇺🇸 USA |
 Amkor Technology
AMKR | 18.6 | 6.49% | 🇺🇸 USA |
 ChipMOS Technologies IMOS | 6.21 | -64.34% | 🇹🇼 Taiwan |
 United Microelectronics UMC | 8.38 | -51.93% | 🇹🇼 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.