P/E ratio for Diodes Incorporated (DIOD)
P/E ratio as of April 2024 (TTM): 9.74
According to Diodes Incorporated's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.73901. At the end of 2022 the company had a P/E ratio of 10.4.
P/E ratio history for Diodes Incorporated from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.4 | -51.53% |
| 2021 | 21.5 | -41.48% |
| 2020 | 36.7 | 96.72% |
| 2019 | 18.7 | 20.93% |
| 2018 | 15.4 | -101.62% |
| 2017 | -956 | -1328.55% |
| 2016 | 77.8 | 109.87% |
| 2015 | 37.1 | 81.49% |
| 2014 | 20.4 | -50.59% |
| 2013 | 41.3 | 28.65% |
| 2012 | 32.1 | 70.45% |
| 2011 | 18.8 | 21.52% |
| 2010 | 15.5 | -86.32% |
| 2009 | 113 | 1041.37% |
| 2008 | 9.93 | -57.49% |
| 2007 | 23.4 | -9.1% |
| 2006 | 25.7 | -8% |
| 2005 | 27.9 | 133.23% |
| 2004 | 12.0 | -53.96% |
| 2003 | 26.0 | 93.85% |
| 2002 | 13.4 | -104.48% |
| 2001 | -300 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Texas Instruments TXN | 22.3 | 129.32% | 🇺🇸 USA |
 NXP Semiconductors NXPI | 22.1 | 126.61% | 🇳🇱 Netherlands |
 Alpha & Omega Semiconductor AOSL | 46.1 | 373.44% | 🇺🇸 USA |
 Vishay Intertechnology
VSH | 7.53 | -22.71% | 🇺🇸 USA |
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.