Taiwan Cooperative Financial
5880.TW
#1495
Rank
โ‚ฌ11.11 B
Marketcap
0,73ย โ‚ฌ
Share price
-0.39%
Change (1 day)
0.08%
Change (1 year)

P/E ratio for Taiwan Cooperative Financial (5880.TW)

P/E ratio as of November 2024 (TTM): 17.3

According to Taiwan Cooperative Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3162. At the end of 2022 the company had a P/E ratio of 17.4.

P/E ratio history for Taiwan Cooperative Financial from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.46.64%
202116.43.42%
202015.83.37%
201915.311.41%
201813.70.81%
201713.616.2%
201611.76.09%
201511.1-20.01%
201413.8-13.01%
201315.93.22%
201215.4-96.52%
2011442

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.