United Microelectronics
UMC
#776
Rank
$21.84 B
Marketcap
$8.75
Share price
1.74%
Change (1 day)
-7.01%
Change (1 year)

P/E ratio for United Microelectronics (UMC)

P/E ratio as of March 2023 (TTM): 7.42

According to United Microelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.42318. At the end of 2021 the company had a P/E ratio of 14.1.

P/E ratio history for United Microelectronics from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202114.1-29.87%
202020.11.82%
201919.75.81%
201818.63.94%
201717.97.45%
201616.751.54%
201511.0550.03%
20141.70-85.94%
201312.1-36.85%
201219.127.22%
201115.059.76%
20109.40-87.84%
200977.3-1106.02%
2008-7.68-138.63%
200719.958.34%
200612.6-75.9%
200552.1319.09%
200412.4-67.46%
200338.2-17.13%
200246.1-115.33%
2001-301

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.9 87.05%๐Ÿ‡น๐Ÿ‡ผ Taiwan
14.8 99.40%๐Ÿ‡บ๐Ÿ‡ธ USA
88.7 1,094.77%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6 124.28%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
10.5 41.56%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.