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 |
|---|---|---|
| 2021 | 16.5 | -95.93% |
| 2020 | 405 | -1079.12% |
| 2019 | -41.4 | -224.66% |
| 2018 | 33.2 | 13.93% |
| 2017 | 29.1 | -68.68% |
| 2016 | 93.0 | 728.4% |
| 2015 | 11.2 | -111.23% |
| 2014 | -100.0 | 129.36% |
| 2013 | -43.6 | -103.6% |
| 2012 | > 1000 | -3950% |
| 2011 | -31.4 | -383.59% |
| 2010 | 11.1 | -205.26% |
| 2009 | -10.5 | -1069.69% |
| 2008 | 1.09 | -104.67% |
| 2007 | -23.3 | -129.93% |
| 2006 | 77.7 |
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.