P/E ratio for Evergreen Marine (2603.TW)
P/E ratio as of March 2023 (TTM): 0.9063
According to Evergreen Marine's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.906342. At the end of 2021 the company had a P/E ratio of 1.25.
P/E ratio history for Evergreen Marine from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 1.25 | -83.43% |
| 2020 | 7.55 | -98.79% |
| 2019 | 625 | 267.65% |
| 2018 | 170 | 1948.32% |
| 2017 | 8.30 | -240.57% |
| 2016 | -5.90 | -44.48% |
| 2015 | -10.6 | -116.4% |
| 2014 | 64.9 | -252.39% |
| 2013 | -42.6 | -109.33% |
| 2012 | 456 | -2754% |
| 2011 | -17.2 | -375.73% |
| 2010 | 6.23 | -214.39% |
| 2009 | -5.45 | -107.36% |
| 2008 | 74.0 | 807.6% |
| 2007 | 8.16 | -93.94% |
| 2006 | 135 |
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.