According to Sinopac Financial Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4159. At the end of 2022 the company had a P/E ratio of 11.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.7 | 6.82% |
2021 | 11.0 | 7.01% |
2020 | 10.2 | -10.31% |
2019 | 11.4 | -3.08% |
2018 | 11.8 | 1.02% |
2017 | 11.7 | 2.82% |
2016 | 11.3 | 31.67% |
2015 | 8.62 | -3.94% |
2014 | 8.97 | -17.22% |
2013 | 10.8 | 12.47% |
2012 | 9.64 | -54.68% |
2011 | 21.3 | 18.33% |
2010 | 18.0 |
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.