Formosa Plastics
1301.TW
#882
Rank
$18.52 B
Marketcap
$2.91
Share price
0.22%
Change (1 day)
-21.98%
Change (1 year)

P/E ratio for Formosa Plastics (1301.TW)

P/E ratio as of November 2022 (TTM): 8.54

According to Formosa Plastics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.53881. At the end of 2021 the company had a P/E ratio of 9.28.

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

PE ratio at the end of each year

Year P/E ratio Change
20219.28-69.78%
202030.780.07%
201917.035.89%
201812.5-1.37%
201712.7-11.74%
201614.4-4.91%
201515.2-40.52%
201425.53.5%
201324.6-25.22%
201232.9137.91%
201113.86.01%
201013.1-11.82%
200914.814.87%
200812.922.4%
200710.55.07%
200610.0

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.