Formosa Chemicals & Fibre
1326.TW
#2611
Rank
ยฃ4.18 B
Marketcap
ยฃ0.72
Share price
0.34%
Change (1 day)
-54.17%
Change (1 year)

P/E ratio for Formosa Chemicals & Fibre (1326.TW)

P/E ratio as of December 2024 (TTM): -38.7

According to Formosa Chemicals & Fibre's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -38.6932. At the end of 2022 the company had a P/E ratio of 55.5.

P/E ratio history for Formosa Chemicals & Fibre from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202255.5350.69%
202112.3-51.43%
202025.441.72%
201917.945.73%
201812.311.22%
201711.0-14.02%
201612.8-18.1%
201515.7-57.82%
201437.288.05%
201319.8-65.36%
201257.1314.95%
201113.816.66%
201011.8

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.