P/E ratio for Merida Industry (9914.TW)
P/E ratio as of April 2024 (TTM): 27.8
According to Merida Industry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7539. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Merida Industry from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | -30.08% |
| 2021 | 21.1 | 19.23% |
| 2020 | 17.7 | -16.33% |
| 2019 | 21.1 | -12.81% |
| 2018 | 24.2 | -48.28% |
| 2017 | 46.8 | 108.72% |
| 2016 | 22.4 | 28.88% |
| 2015 | 17.4 | -9.13% |
| 2014 | 19.2 | -9.7% |
| 2013 | 21.2 | 32.25% |
| 2012 | 16.0 | 85.88% |
| 2011 | 8.63 | -17.33% |
| 2010 | 10.4 |
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.