P/E ratio for eMemory Technology (3529.TWO)
P/E ratio as of April 2024 (TTM): 116
According to eMemory Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 115.754. At the end of 2022 the company had a P/E ratio of 61.8.
P/E ratio history for eMemory Technology from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 61.8 | -58.31% |
| 2021 | 148 | 137.08% |
| 2020 | 62.5 | 27.98% |
| 2019 | 48.8 | 49.44% |
| 2018 | 32.7 | -39.54% |
| 2017 | 54.1 | -2.65% |
| 2016 | 55.5 | -5.16% |
| 2015 | 58.5 | -12.42% |
| 2014 | 66.8 | 228.32% |
| 2013 | 20.4 | -32.97% |
| 2012 | 30.4 | -7.83% |
| 2011 | 33.0 | 11.35% |
| 2010 | 29.6 |
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.