Realtek
2379.TW
#1748
Rank
$8.70 B
Marketcap
$16.98
Share price
-3.83%
Change (1 day)
31.83%
Change (1 year)

P/E ratio for Realtek (2379.TW)

P/E ratio as of April 2024 (TTM): 26.3

According to Realtek 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.2618. At the end of 2022 the company had a P/E ratio of 8.89.

P/E ratio history for Realtek from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.89-49.44%
202117.6-22.45%
202022.728.75%
201917.69.71%
201816.0-1.38%
201716.3-3.98%
201616.93.56%
201516.419.01%
201413.73.63%
201313.3-5.56%
201214.02.69%
201113.7-32.11%
201020.1

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.