Taishin Financial Holdings
2887.TW
#2083
Rank
$6.44 B
Marketcap
$0.54
Share price
0.31%
Change (1 day)
-23.94%
Change (1 year)

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

P/E ratio as of February 2023 (TTM): 16.5

According to Taishin Financial Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5217. 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
202112.27.74%
202011.3-7.7%
201912.32.08%
201812.0-0.21%
201712.016.35%
201610.426.76%
20158.17-94.99%
20141631815.18%
20138.52-4.55%
20128.927.08%
20118.33-47.58%
201015.949.43%
200910.6-281.18%
2008-5.87-120.31%
200728.9-576.84%
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.