Foxconn (Hon Hai Precision Industry)
2317.TW
#192
Rank
$84.86 B
Marketcap
$6.12
Share price
3.13%
Change (1 day)
68.65%
Change (1 year)
Hon Hai Precision Industry Co., Ltd., commonly known as Foxconn, is a Taiwanese multinational electronics contract manufacturer.

P/E ratio for Foxconn (Hon Hai Precision Industry) (2317.TW)

P/E ratio as of June 2024 (TTM): 20.5

According to Foxconn (Hon Hai Precision Industry)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4741. At the end of 2022 the company had a P/E ratio of 9.78.

P/E ratio history for Foxconn (Hon Hai Precision Industry) from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.78-5.45%
202110.3-17.44%
202012.514.85%
201910.925.33%
20188.71-26.77%
201711.921.46%
20169.7912.18%
20158.73-13%
201410.00.18%
201310.0-10.55%
201211.23.09%
201110.9-26.19%
201014.7-14.29%
200917.2153.68%
20086.77-58.39%
200716.3

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.