P/E ratio for Chunghwa Telecom (CHT)
P/E ratio as of April 2024 (TTM): 24.5
According to Chunghwa Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4917. At the end of 2022 the company had a P/E ratio of 23.4.
P/E ratio history for Chunghwa Telecom from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.4 | -9.1% |
| 2021 | 25.7 | -1.4% |
| 2020 | 26.1 | -2.24% |
| 2019 | 26.7 | 19.94% |
| 2018 | 22.2 | 4.79% |
| 2017 | 21.2 | 9.18% |
| 2016 | 19.4 | 9.74% |
| 2015 | 17.7 | -4.24% |
| 2014 | 18.5 | 8.88% |
| 2013 | 17.0 | -4.49% |
| 2012 | 17.8 | 9.23% |
| 2011 | 16.3 | -18.86% |
| 2010 | 20.1 | 34.86% |
| 2009 | 14.9 | -19.6% |
| 2008 | 18.5 | 10.94% |
| 2007 | 16.7 | -2.77% |
| 2006 | 17.2 | -21.08% |
| 2005 | 21.7 | 82.87% |
| 2004 | 11.9 | -12.32% |
| 2003 | 13.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sify
SIFY | 44.2 | 80.42% | 🇮🇳 India |
 Ericsson ERIC | -7.87 | -132.12% | 🇸🇪 Sweden |
 Telkom Indonesia TLK | 14.7 | -39.94% | 🇮🇩 Indonesia |
 KT Corporation KT | 6.63 | -72.92% | 🇰🇷 S. Korea |
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.