Chailease Holding
5871.TW
#1634
Rank
$10.07 B
Marketcap
$5.38
Share price
0.29%
Change (1 day)
-30.31%
Change (1 year)

P/E ratio for Chailease Holding (5871.TW)

P/E ratio as of March 2024 (TTM): 10.5

According to Chailease Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4907. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for Chailease Holding from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0-28.73%
202118.227.87%
202014.217.55%
201912.124.34%
20189.72-9.33%
201710.721.35%
20168.84-8.34%
20159.64-26.04%
201413.0-6.03%
201313.92.8%
201213.561.16%
20118.37

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.