E.SUN Bank
2884.TW
#1346
Rank
C$19.21 B
Marketcap
$1.20
Share price
-0.91%
Change (1 day)
12.23%
Change (1 year)
The E.SUN Commercial Bank, Ltd. also known as E.SUN Bank or simply ESB is a Taiwanese bank headquartered in Taipei.

P/E ratio for E.SUN Bank (2884.TW)

P/E ratio as of December 2024 (TTM): 20.9

According to E.SUN Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.8775. At the end of 2022 the company had a P/E ratio of 21.6.

P/E ratio history for E.SUN Bank from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.619.32%
202118.13.19%
202017.58.53%
201916.226.95%
201812.71.09%
201712.65.66%
201611.90.32%
201511.9-5.9%
201412.6-1.11%
201312.813.47%
201211.3-27.96%
201115.6-16.09%
201018.6

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.