P/E ratio for Formosa Taffeta (1434.TW)
P/E ratio as of January 2023 (TTM): 11.4
According to Formosa Taffeta's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4389. At the end of 2021 the company had a P/E ratio of 23.0.
P/E ratio history for Formosa Taffeta from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.0 | -7.6% |
| 2020 | 24.8 | 123.71% |
| 2019 | 11.1 | -7.49% |
| 2018 | 12.0 | -2.59% |
| 2017 | 12.3 | -13.53% |
| 2016 | 14.3 | -19.66% |
| 2015 | 17.7 | 18.82% |
| 2014 | 14.9 | -47.04% |
| 2013 | 28.2 | 41.94% |
| 2012 | 19.9 | -12.2% |
| 2011 | 22.6 | 93.89% |
| 2010 | 11.7 | -97.73% |
| 2009 | 515 | 5213.26% |
| 2008 | 9.69 | 32.26% |
| 2007 | 7.33 | -40.06% |
| 2006 | 12.2 |
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.