Yuanta Financial Holding
2885.TW
#1305
Rank
ยฃ10.87 B
Marketcap
ยฃ0.84
Share price
-0.86%
Change (1 day)
26.84%
Change (1 year)

P/E ratio for Yuanta Financial Holding (2885.TW)

P/E ratio as of December 2024 (TTM): 16.8

According to Yuanta Financial Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8041. At the end of 2022 the company had a P/E ratio of 12.4.

P/E ratio history for Yuanta Financial Holding from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.443.28%
20218.68-14.23%
202010.1-11.52%
201911.422.08%
20189.37-5.1%
20179.88-1.79%
201610.1-14.74%
201511.825.12%
20149.43-58.9%
201322.9-1.76%
201223.3126.54%
201110.3-51.05%
201021.1

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.