Formosa Taffeta
1434.TW
#4197
Rank
$1.49 B
Marketcap
$0.89
Share price
0.00%
Change (1 day)
-13.59%
Change (1 year)

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
202123.0-7.6%
202024.8123.71%
201911.1-7.49%
201812.0-2.59%
201712.3-13.53%
201614.3-19.66%
201517.718.82%
201414.9-47.04%
201328.241.94%
201219.9-12.2%
201122.693.89%
201011.7-97.73%
20095155213.26%
20089.6932.26%
20077.33-40.06%
200612.2

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.