P/E ratio for EVA Air (2618.TW)
P/E ratio as of March 2023 (TTM): 16.9
According to EVA Air 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8618. At the end of 2021 the company had a P/E ratio of 21.3.
P/E ratio history for EVA Air from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.3 | -209.86% |
| 2020 | -19.4 | -216.8% |
| 2019 | 16.6 | 58.85% |
| 2018 | 10.5 | -8.87% |
| 2017 | 11.5 | -32.35% |
| 2016 | 17.0 | 53.84% |
| 2015 | 11.0 | -120.48% |
| 2014 | -53.9 | -174.2% |
| 2013 | 72.6 | -36.68% |
| 2012 | 115 | -64.17% |
| 2011 | 320 | 3411.34% |
| 2010 | 9.11 | -175.83% |
| 2009 | -12.0 | 578.16% |
| 2008 | -1.77 | -93.92% |
| 2007 | -29.2 | -3.14% |
| 2006 | -30.1 |
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.