Delta Electronics
2308.TW
#592
Rank
HK$261.07 B
Marketcap
HK$100.51
Share price
-0.71%
Change (1 day)
30.52%
Change (1 year)
Delta Electronics, Inc. also known as DELTA is a Taiwanese electronics manufacturing company known for its DC industrial and computer fans and for switching power supplies.

P/E ratio for Delta Electronics (2308.TW)

P/E ratio as of December 2024 (TTM): 32.3

According to Delta Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.3354. At the end of 2022 the company had a P/E ratio of 22.8.

P/E ratio history for Delta Electronics from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.8-14.62%
202126.7-0.51%
202026.857.49%
201917.0-6.18%
201818.1-10.49%
201720.3-8%
201622.08.66%
201520.3-8.42%
201422.1-4.81%
201323.332.83%
201217.511.37%
201115.7-26.2%
201021.3

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.