P/E ratio for ASE Group (ASX)
P/E ratio as of March 2023 (TTM): 10.4
According to ASE Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3507. At the end of 2021 the company had a P/E ratio of 8.31.
P/E ratio history for ASE Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.31 | -58.75% |
| 2020 | 20.2 | -35.73% |
| 2019 | 31.4 | 227.92% |
| 2018 | 9.56 | -45.17% |
| 2017 | 17.4 | 25.32% |
| 2016 | 13.9 | -23.82% |
| 2015 | 18.3 | 313.51% |
| 2014 | 4.42 | -72.96% |
| 2013 | 16.3 | -8.42% |
| 2012 | 17.8 | 1.09% |
| 2011 | 17.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TSMC TSM | 14.0 | 34.94% | 🇹🇼 Taiwan |
 AMD AMD | 105 | 913.55% | 🇺🇸 USA |
 Amkor Technology
AMKR | 7.77 | -24.90% | 🇺🇸 USA |
 ChipMOS Technologies IMOS | 5.22 | -49.58% | 🇹🇼 Taiwan |
 United Microelectronics UMC | 7.21 | -30.33% | 🇹🇼 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.