GlobalWafers
6488.TWO
#1818
Rank
$8.67 B
Marketcap
$18.14
Share price
4.50%
Change (1 day)
5.83%
Change (1 year)

P/E ratio for GlobalWafers (6488.TWO)

P/E ratio as of March 2024 (TTM): 11.3

According to GlobalWafers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2845. At the end of 2022 the company had a P/E ratio of 12.1.

P/E ratio history for GlobalWafers from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.1-62.81%
202132.638.49%
202023.592.72%
201912.239.39%
20188.75-72.61%
201732.0-29.42%
201645.3238.4%
201513.4-2.97%
201413.8

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.