Far EasTone
4904.TW
#1732
Rank
$9.38 B
Marketcap
$2.60
Share price
0.60%
Change (1 day)
1.72%
Change (1 year)

P/E ratio for Far EasTone (4904.TW)

P/E ratio as of May 2024 (TTM): 25.8

According to Far EasTone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.8394. At the end of 2022 the company had a P/E ratio of 22.4.

P/E ratio history for Far EasTone from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.4-2.5%
202123.0-3.84%
202023.9-11.47%
201927.07.05%
201825.214.63%
201722.05.93%
201620.88.48%
201519.2-7.92%
201420.815.26%
201318.0-21%
201222.89.58%
201120.834.02%
201015.6

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.