P/E ratio for Nanya Technology (2408.TW)
P/E ratio as of May 2024 (TTM): -187
According to Nanya Technology 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -187.059. At the end of 2022 the company had a P/E ratio of 10.9.
P/E ratio history for Nanya Technology from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.9 | 3.14% |
| 2021 | 10.5 | -69.52% |
| 2020 | 34.6 | 33.52% |
| 2019 | 25.9 | 502.31% |
| 2018 | 4.30 | -19.02% |
| 2017 | 5.31 | -4.68% |
| 2016 | 5.57 | -13.82% |
| 2015 | 6.46 | -3.65% |
| 2014 | 6.71 | 62.15% |
| 2013 | 4.14 | -459.22% |
| 2012 | -1.15 | 301.34% |
| 2011 | -0.2870 | -92.34% |
| 2010 | -3.74 |
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.