China Airlines
2610.TW
#2733
Rank
$3.83 B
Marketcap
$0.64
Share price
0.00%
Change (1 day)
-31.91%
Change (1 year)

P/E ratio for China Airlines (2610.TW)

P/E ratio as of March 2023 (TTM): 16.2

According to China Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1786. At the end of 2021 the company had a P/E ratio of 16.5.

P/E ratio history for China Airlines from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202116.5-95.93%
2020405-1079.12%
2019-41.4-224.66%
201833.213.93%
201729.1-68.68%
201693.0728.4%
201511.2-111.23%
2014-100.0129.36%
2013-43.6-103.6%
2012> 1000-3950%
2011-31.4-383.59%
201011.1-205.26%
2009-10.5-1069.69%
20081.09-104.67%
2007-23.3-129.93%
200677.7

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.