Cathay Financial Holding
2882.TW
#836
Rank
$21.34 B
Marketcap
$1.45
Share price
2.44%
Change (1 day)
-36.40%
Change (1 year)

P/E ratio for Cathay Financial Holding (2882.TW)

P/E ratio as of February 2023 (TTM): 6.84

According to Cathay Financial Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.84262. At the end of 2021 the company had a P/E ratio of 6.14.

P/E ratio history for Cathay Financial Holding from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.14-22.51%
20207.92-13.05%
20199.11-22.8%
201811.8-2.91%
201712.2-5.89%
201612.934.52%
20159.60-20.49%
201412.1-38.64%
201319.7-2.18%
201220.1-33.35%
201130.2-74.52%
2010118121.47%
200953.5-71.53%
2008188829.17%
200720.2-67.98%
200663.2

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.