Alchip Technologies
3661.TW
#2467
Rank
C$8.35 B
Marketcap
$104.56
Share price
0.41%
Change (1 day)
-18.73%
Change (1 year)

P/E ratio for Alchip Technologies (3661.TW)

P/E ratio as of November 2024 (TTM): 73.8

According to Alchip Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.7589. At the end of 2022 the company had a P/E ratio of 30.1.

P/E ratio history for Alchip Technologies from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.1-37.67%
202148.32.48%
202047.142.06%
201933.2107.44%
201816.0-11.68%
201718.1-301.55%
2016-8.99-153.63%
201516.8-35.68%
201426.11.59%
201325.7

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.