P/E ratio for Foxconn (Hon Hai Precision Industry) (2317.TW)
P/E ratio as of March 2023 (TTM): 10.2
According to Foxconn (Hon Hai Precision Industry)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1547. At the end of 2021 the company had a P/E ratio of 10.3.
P/E ratio history for Foxconn (Hon Hai Precision Industry) from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.3 | -17.08% |
| 2020 | 12.5 | 14.22% |
| 2019 | 10.9 | 25.15% |
| 2018 | 8.73 | -26.55% |
| 2017 | 11.9 | 21.39% |
| 2016 | 9.79 | 14% |
| 2015 | 8.59 | -13.43% |
| 2014 | 9.92 | 0.82% |
| 2013 | 9.84 | -10.91% |
| 2012 | 11.0 | 1.93% |
| 2011 | 10.8 | -25.81% |
| 2010 | 14.6 | -0.73% |
| 2009 | 14.7 | 71.86% |
| 2008 | 8.56 | -45.64% |
| 2007 | 15.7 | -13.09% |
| 2006 | 18.1 | 10.84% |
| 2005 | 16.3 | 4.7% |
| 2004 | 15.6 | 2.85% |
| 2003 | 15.2 |
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.