P/E ratio for Far EasTone (4904.TW)
P/E ratio as of June 2023 (TTM): 23.3
According to Far EasTone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3403. At the end of 2021 the company had a P/E ratio of 23.1.
P/E ratio history for Far EasTone from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.1 | -4.58% |
| 2020 | 24.2 | -11.47% |
| 2019 | 27.3 | 8.65% |
| 2018 | 25.1 | 13.89% |
| 2017 | 22.1 | 6.55% |
| 2016 | 20.7 | 9.15% |
| 2015 | 19.0 | -6.44% |
| 2014 | 20.3 | 11.79% |
| 2013 | 18.1 | -20.31% |
| 2012 | 22.8 | 9.24% |
| 2011 | 20.8 | 34.98% |
| 2010 | 15.4 | 15.3% |
| 2009 | 13.4 | 11.24% |
| 2008 | 12.0 | -10.82% |
| 2007 | 13.5 | 24.22% |
| 2006 | 10.9 |
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.