Hua Nan Financial Holdings
2880.TW
#1605
Rank
A$16.60 B
Marketcap
$1.20
Share price
-0.39%
Change (1 day)
14.26%
Change (1 year)

P/E ratio for Hua Nan Financial Holdings (2880.TW)

P/E ratio as of November 2024 (TTM): 16.7

According to Hua Nan Financial Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7346. At the end of 2022 the company had a P/E ratio of 17.6.

P/E ratio history for Hua Nan Financial Holdings from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.68.39%
202116.3-38.35%
202026.456.63%
201916.922.49%
201813.8-10.95%
201715.527.67%
201612.112.08%
201510.8-15.05%
201412.7-18.44%
201315.6-4.27%
201216.321.42%
201113.4-47.82%
201025.7

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.