P/E ratio for Yuanta Financial Holding (2885.TW)
P/E ratio as of January 2023 (TTM): 9.77
According to Yuanta Financial Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.77003. At the end of 2021 the company had a P/E ratio of 9.08.
P/E ratio history for Yuanta Financial Holding from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.08 | -11.43% |
| 2020 | 10.3 | -12.06% |
| 2019 | 11.7 | 21.94% |
| 2018 | 9.56 | -5.1% |
| 2017 | 10.1 | -2.63% |
| 2016 | 10.3 | -12.43% |
| 2015 | 11.8 | 23.87% |
| 2014 | 9.54 | -58.67% |
| 2013 | 23.1 | -6.15% |
| 2012 | 24.6 | 133.96% |
| 2011 | 10.5 | -50.86% |
| 2010 | 21.4 | -16.13% |
| 2009 | 25.5 | -64.83% |
| 2008 | 72.5 | 217.86% |
| 2007 | 22.8 | -246.93% |
| 2006 | -15.5 |
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.