P/E ratio for President Chain Store (PSCS) (2912.TW)
P/E ratio as of May 2024 (TTM): 26.5
According to President Chain Store (PSCS)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.4583. At the end of 2022 the company had a P/E ratio of 30.5.
P/E ratio history for President Chain Store (PSCS) from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.5 | -5.11% |
| 2021 | 32.1 | 18.65% |
| 2020 | 27.1 | -9.67% |
| 2019 | 30.0 | -2.12% |
| 2018 | 30.6 | 221.42% |
| 2017 | 9.52 | -61.05% |
| 2016 | 24.4 | -5.79% |
| 2015 | 25.9 | -7.14% |
| 2014 | 27.9 | 4.6% |
| 2013 | 26.7 | -2.25% |
| 2012 | 27.3 | 1.2% |
| 2011 | 27.0 | 10.63% |
| 2010 | 24.4 |
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.