P/E ratio for Formosa Sumco Technology (3532.TW)
P/E ratio as of April 2024 (TTM): 14.3
According to Formosa Sumco Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3277. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for Formosa Sumco Technology from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | -86.26% |
| 2021 | 79.7 | 98.88% |
| 2020 | 40.1 | 87.63% |
| 2019 | 21.4 | 82.9% |
| 2018 | 11.7 | -76.02% |
| 2017 | 48.7 | -30.34% |
| 2016 | 69.9 | 229.49% |
| 2015 | 21.2 | -43.97% |
| 2014 | 37.9 | -53.41% |
| 2013 | 81.3 | -71.26% |
| 2012 | 283 | 73.85% |
| 2011 | 163 | 40.44% |
| 2010 | 116 |
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.