Taishin Financial Holdings
2887.TW
#2238
Rank
$6.92 B
Marketcap
$0.53
Share price
-0.58%
Change (1 day)
4.58%
Change (1 year)

P/E ratio for Taishin Financial Holdings (2887.TW)

P/E ratio as of October 2024 (TTM): 11.9

According to Taishin Financial Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9033. At the end of 2022 the company had a P/E ratio of 13.4.

P/E ratio history for Taishin Financial Holdings from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.420.02%
202111.22.5%
202010.9-7.41%
201911.81.99%
201811.6-0.64%
201711.619%
20169.7924.4%
20157.87-94.36%
20141391618.16%
20138.11-6.29%
20128.668.4%
20117.99-48.98%
201015.7

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.