GlobalWafers
6488.TWO
#1910
Rank
$6.82 B
Marketcap
$15.69
Share price
-0.63%
Change (1 day)
-49.60%
Change (1 year)

P/E ratio for GlobalWafers (6488.TWO)

P/E ratio as of August 2022 (TTM): 16.8

According to GlobalWafers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7922. At the end of 2021 the company had a P/E ratio of 32.6.

P/E ratio history for GlobalWafers from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202132.635.24%
202024.194.55%
201912.441.35%
20188.76-72.07%
201731.3-30.76%
201645.3236.23%
201513.5-2.34%
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.