P/E ratio for ASUS (2357.TW)
P/E ratio as of April 2024 (TTM): 94.4
According to ASUS's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 94.4311. At the end of 2022 the company had a P/E ratio of 13.6.
P/E ratio history for ASUS from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.6 | 116.54% |
| 2021 | 6.27 | -10.51% |
| 2020 | 7.01 | -50.56% |
| 2019 | 14.2 | -60.32% |
| 2018 | 35.7 | 167.35% |
| 2017 | 13.4 | 30.21% |
| 2016 | 10.3 | -13.21% |
| 2015 | 11.8 | -10.62% |
| 2014 | 13.2 | 41.38% |
| 2013 | 9.35 | -15.06% |
| 2012 | 11.0 | 12.33% |
| 2011 | 9.80 | -72.72% |
| 2010 | 35.9 |
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.