P/E ratio for Far EasTone (4904.TW)
P/E ratio as of April 2024 (TTM): 24.7
According to Far EasTone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.6763. 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 |
|---|---|---|
| 2022 | 22.4 | -2.5% |
| 2021 | 23.0 | -3.84% |
| 2020 | 23.9 | -11.47% |
| 2019 | 27.0 | 7.05% |
| 2018 | 25.2 | 14.63% |
| 2017 | 22.0 | 5.93% |
| 2016 | 20.8 | 8.48% |
| 2015 | 19.2 | -7.92% |
| 2014 | 20.8 | 15.26% |
| 2013 | 18.0 | -21% |
| 2012 | 22.8 | 9.58% |
| 2011 | 20.8 | 34.02% |
| 2010 | 15.6 |
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.