P/E ratio for Formosa Chemicals & Fibre (1326.TW)
P/E ratio as of April 2024 (TTM): -71.3
According to Formosa Chemicals & Fibre's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -71.3239. At the end of 2022 the company had a P/E ratio of 55.5.
P/E ratio history for Formosa Chemicals & Fibre from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 55.5 | 350.69% |
| 2021 | 12.3 | -51.43% |
| 2020 | 25.4 | 41.72% |
| 2019 | 17.9 | 45.73% |
| 2018 | 12.3 | 11.22% |
| 2017 | 11.0 | -14.02% |
| 2016 | 12.8 | -18.1% |
| 2015 | 15.7 | -57.82% |
| 2014 | 37.2 | 88.05% |
| 2013 | 19.8 | -65.36% |
| 2012 | 57.1 | 314.95% |
| 2011 | 13.8 | 16.66% |
| 2010 | 11.8 |
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.