P/E ratio for Taishin Financial Holdings (2887.TW)
P/E ratio as of April 2024 (TTM): 12.1
According to Taishin Financial Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0515. At the end of 2022 the company had a P/E ratio of 14.6.
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 |
|---|---|---|
| 2022 | 14.6 | 20.02% |
| 2021 | 12.1 | 2.5% |
| 2020 | 11.8 | -7.41% |
| 2019 | 12.8 | 1.99% |
| 2018 | 12.5 | -0.64% |
| 2017 | 12.6 | 19% |
| 2016 | 10.6 | 24.4% |
| 2015 | 8.53 | -94.36% |
| 2014 | 151 | 1618.16% |
| 2013 | 8.79 | -6.29% |
| 2012 | 9.38 | 8.4% |
| 2011 | 8.66 | -48.98% |
| 2010 | 17.0 |
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.