United Microelectronics
UMC
#949
Rank
$19.39 B
Marketcap
$7.74
Share price
-0.90%
Change (1 day)
-6.86%
Change (1 year)

P/E ratio for United Microelectronics (UMC)

P/E ratio as of March 2024 (TTM): 8.38

According to United Microelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.38256. At the end of 2022 the company had a P/E ratio of 5.33.

P/E ratio history for United Microelectronics from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.33-65.15%
202115.3-39.84%
202025.49.77%
201923.239.06%
201816.7-6.46%
201717.812.74%
201615.843.22%
201511.0-28.07%
201415.331.63%
201311.6-51.42%
201224.059.66%
201115.046.99%
201010.2-85.87%
200972.3-1081.65%
2008-7.36-140.64%
200718.1
200536.5172.3%
200413.4-65.19%
200338.5-24.44%
200250.9-117.83%
2001-285

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.1 164.04%๐Ÿ‡น๐Ÿ‡ผ Taiwan
-114-1,460.26%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3 202.25%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4 59.86%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
17.4 107.68%๐Ÿ‡น๐Ÿ‡ผ Taiwan

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.