Evergreen Marine
2603.TW
#1510
Rank
$11.32 B
Marketcap
$5.27
Share price
-1.15%
Change (1 day)
65.57%
Change (1 year)

P/E ratio for Evergreen Marine (2603.TW)

P/E ratio as of July 2024 (TTM): 2.73

According to Evergreen Marine's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.72879. At the end of 2022 the company had a P/E ratio of 1.74.

P/E ratio history for Evergreen Marine from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.74-66.88%
20215.24-34.87%
20208.04-99.35%
2019> 1000426.22%
20182362750.93%
20178.27-241.81%
2016-5.83-44.58%
2015-10.5-115.38%
201468.4-265.25%
2013-41.4-122.66%
2012183-1161.6%
2011-17.2-380.22%
20106.13

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.