P/E ratio for Fubon Financial (2881.TW)
P/E ratio as of April 2024 (TTM): 56.8
According to Fubon Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.7957. At the end of 2022 the company had a P/E ratio of 17.4.
P/E ratio history for Fubon Financial from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.4 | 173.02% |
| 2021 | 6.38 | 12.49% |
| 2020 | 5.68 | -36.12% |
| 2019 | 8.88 | -17.25% |
| 2018 | 10.7 | 5.65% |
| 2017 | 10.2 | -9.48% |
| 2016 | 11.2 | 48.19% |
| 2015 | 7.58 | -15.71% |
| 2014 | 8.99 | -29.11% |
| 2013 | 12.7 | 8.8% |
| 2012 | 11.7 | 27.58% |
| 2011 | 9.13 | -44.94% |
| 2010 | 16.6 |
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.