Foxconn Industrial Internet
601138.SS
#292
Rank
$64.46 B
Marketcap
$3.25
Share price
4.64%
Change (1 day)
26.46%
Change (1 year)

P/E ratio for Foxconn Industrial Internet (601138.SS)

P/E ratio as of March 2024 (TTM): 21.1

According to Foxconn Industrial Internet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.1022. At the end of 2022 the company had a P/E ratio of 9.00.

P/E ratio history for Foxconn Industrial Internet from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.00-23.74%
202111.8-24.14%
202015.6-19.96%
201919.449.12%
201813.0

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.