Fubon Financial
2881.TW
#554
Rank
NZ$64.62 B
Marketcap
$4.73
Share price
-0.77%
Change (1 day)
52.85%
Change (1 year)

P/E ratio for Fubon Financial (2881.TW)

P/E ratio as of November 2024 (TTM): 77.1

According to Fubon Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 77.1035. At the end of 2022 the company had a P/E ratio of 15.8.

P/E ratio history for Fubon Financial from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.8173.02%
20215.7912.49%
20205.15-36.12%
20198.06-17.25%
20189.745.65%
20179.22-9.48%
201610.248.19%
20156.87-15.71%
20148.15-29.11%
201311.58.8%
201210.627.58%
20118.28-44.94%
201015.0

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.