P/E ratio for EVA Air (2618.TW)
P/E ratio as of November 2023 (TTM): 13.4
According to EVA Air 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3583. At the end of 2022 the company had a P/E ratio of 21.0.
P/E ratio history for EVA Air from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.0 | -3.04% |
| 2021 | 21.7 | -213.69% |
| 2020 | -19.1 | -215.04% |
| 2019 | 16.6 | 58.4% |
| 2018 | 10.5 | -8.38% |
| 2017 | 11.4 | -33.69% |
| 2016 | 17.2 | 55.86% |
| 2015 | 11.0 | -119.95% |
| 2014 | -55.4 | -175.94% |
| 2013 | 72.9 | -10.98% |
| 2012 | 81.9 | -74.4% |
| 2011 | 320 | 3429.55% |
| 2010 | 9.07 |
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.