P/E ratio for Taishin Financial Holdings (2887.TW)
P/E ratio as of May 2023 (TTM): 18.7
According to Taishin Financial Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6965. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for Taishin Financial Holdings from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | 7.74% |
| 2020 | 11.3 | -7.7% |
| 2019 | 12.3 | 2.08% |
| 2018 | 12.0 | -0.21% |
| 2017 | 12.0 | 16.35% |
| 2016 | 10.4 | 26.76% |
| 2015 | 8.17 | -94.99% |
| 2014 | 163 | 1815.18% |
| 2013 | 8.52 | -4.55% |
| 2012 | 8.92 | 7.08% |
| 2011 | 8.33 | -47.58% |
| 2010 | 15.9 | 49.43% |
| 2009 | 10.6 | -281.18% |
| 2008 | -5.87 | -120.31% |
| 2007 | 28.9 | -576.84% |
| 2006 | -6.06 |
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.