P/E ratio for Innolux (3481.TW)
P/E ratio as of April 2024 (TTM): -3.13
According to Innolux's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.12791. At the end of 2022 the company had a P/E ratio of -3.75.
P/E ratio history for Innolux from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.75 | -206.52% |
| 2021 | 3.52 | -95.53% |
| 2020 | 78.8 | -1862.37% |
| 2019 | -4.47 | -111.39% |
| 2018 | 39.2 | 1139.13% |
| 2017 | 3.17 | -94.54% |
| 2016 | 58.0 | 563.35% |
| 2015 | 8.74 | 36.86% |
| 2014 | 6.39 | -66.28% |
| 2013 | 18.9 | -579.1% |
| 2012 | -3.95 | 201.71% |
| 2011 | -1.31 | -97.33% |
| 2010 | -49.1 |
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.