P/E ratio for United Microelectronics (UMC)
P/E ratio as of August 2022 (TTM): 8.40
According to United Microelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.39799. 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 |
|---|---|---|
| 2021 | 14.1 | -29.87% |
| 2020 | 20.1 | 1.82% |
| 2019 | 19.7 | 5.81% |
| 2018 | 18.6 | 3.94% |
| 2017 | 17.9 | 7.45% |
| 2016 | 16.7 | 51.54% |
| 2015 | 11.0 | 550.03% |
| 2014 | 1.70 | -85.94% |
| 2013 | 12.1 | -36.85% |
| 2012 | 19.1 | 27.22% |
| 2011 | 15.0 | 59.76% |
| 2010 | 9.40 | -87.84% |
| 2009 | 77.3 | -1106.02% |
| 2008 | -7.68 | -138.63% |
| 2007 | 19.9 | 58.34% |
| 2006 | 12.6 | -75.9% |
| 2005 | 52.1 | 299.02% |
| 2004 | 13.1 | -65.82% |
| 2003 | 38.2 | -21.64% |
| 2002 | 48.8 | -115.33% |
| 2001 | -318 |
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.