MFHC
2886.TW
#1036
Rank
$18.00 B
Marketcap
$1.27
Share price
0.75%
Change (1 day)
16.51%
Change (1 year)
The Mega Financial Holding Company or simply MFHC is a Taiwanese company that is mainly active in the field of financial services.

P/E ratio for MFHC (2886.TW)

P/E ratio as of March 2024 (TTM): 18.7

According to MFHC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7486. At the end of 2022 the company had a P/E ratio of 23.2.

P/E ratio history for MFHC from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.221.83%
202119.016.52%
202016.312.73%
201914.515.72%
201812.5-2.95%
201712.9-8.23%
201614.154.15%
20159.11-8.99%
201410.0-22.42%
201312.92.36%
201212.6-3.19%
201113.0-21.32%
201016.6

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.