P/E ratio for Largan Precision (3008.TW)
P/E ratio as of April 2024 (TTM): 14.2
According to Largan Precision 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2146. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Largan Precision from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | -32% |
| 2021 | 17.7 | 1.31% |
| 2020 | 17.5 | -26.39% |
| 2019 | 23.7 | 40.89% |
| 2018 | 16.8 | -18.86% |
| 2017 | 20.8 | -7.18% |
| 2016 | 22.4 | 77.41% |
| 2015 | 12.6 | -23.73% |
| 2014 | 16.5 | -2.55% |
| 2013 | 17.0 | -15.18% |
| 2012 | 20.0 | 36.93% |
| 2011 | 14.6 | -39.27% |
| 2010 | 24.0 |
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.