P/E ratio for Yuanta Financial Holding (2885.TW)
P/E ratio as of April 2024 (TTM): 14.7
According to Yuanta Financial Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6506. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for Yuanta Financial Holding from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | 43.28% |
| 2021 | 8.99 | -14.23% |
| 2020 | 10.5 | -11.52% |
| 2019 | 11.8 | 22.08% |
| 2018 | 9.70 | -5.1% |
| 2017 | 10.2 | -1.79% |
| 2016 | 10.4 | -14.74% |
| 2015 | 12.2 | 25.12% |
| 2014 | 9.76 | -58.9% |
| 2013 | 23.7 | -1.76% |
| 2012 | 24.2 | 126.54% |
| 2011 | 10.7 | -51.05% |
| 2010 | 21.8 |
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.