Formosa Petrochemical
6505.TW
#669
Rank
$26.18 B
Marketcap
$2.75
Share price
-0.36%
Change (1 day)
-21.20%
Change (1 year)

P/E ratio for Formosa Petrochemical (6505.TW)

P/E ratio as of August 2022 (TTM): 13.4

According to Formosa Petrochemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3746. At the end of 2021 the company had a P/E ratio of 18.5.

P/E ratio history for Formosa Petrochemical from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.5-85.37%
2020126399.44%
201925.354.9%
201816.319%
201713.7-2.63%
201614.1-9.77%
201515.6-78.22%
201471.7146.52%
201329.1-90.42%
2012303663.47%
201139.773.51%
201022.914.4%
200920.0-51.56%
200841.3231.52%
200712.5-16.23%
200614.9

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.