Chang Hwa Commercial Bank
2801.TW
#2433
Rank
$6.16 B
Marketcap
$0.55
Share price
0.00%
Change (1 day)
5.87%
Change (1 year)

P/E ratio for Chang Hwa Commercial Bank (2801.TW)

P/E ratio as of November 2024 (TTM): 14.5

According to Chang Hwa Commercial Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5466. At the end of 2022 the company had a P/E ratio of 16.1.

P/E ratio history for Chang Hwa Commercial Bank from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.1-17.3%
202119.5-24.56%
202025.935.39%
201919.147.66%
201812.92.86%
201712.60.01%
201612.611.41%
201511.3-13.32%
201413.0-17.22%
201315.715.16%
201213.714.61%
201111.9-39.96%
201019.8

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.