P/E ratio for United Microelectronics (UMC)
P/E ratio as of June 2024 (TTM): 9.39
According to United Microelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.38976. At the end of 2022 the company had a P/E ratio of 5.33.
P/E ratio history for United Microelectronics from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.33 | -65.15% |
| 2021 | 15.3 | -39.84% |
| 2020 | 25.4 | 9.77% |
| 2019 | 23.2 | 39.06% |
| 2018 | 16.7 | -6.46% |
| 2017 | 17.8 | 12.74% |
| 2016 | 15.8 | 43.22% |
| 2015 | 11.0 | -28.07% |
| 2014 | 15.3 | 31.63% |
| 2013 | 11.6 | -51.42% |
| 2012 | 24.0 | 59.66% |
| 2011 | 15.0 | 46.99% |
| 2010 | 10.2 | -85.87% |
| 2009 | 72.3 | -1081.65% |
| 2008 | -7.36 | -140.64% |
| 2007 | 18.1 | |
| 2005 | 36.5 | 172.3% |
| 2004 | 13.4 | -65.19% |
| 2003 | 38.5 | -24.44% |
| 2002 | 50.9 | -117.83% |
| 2001 | -285 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TSMC TSM | 24.5 | 160.78% | 🇹🇼 Taiwan |
 Intel INTC | -75.5 | -903.80% | 🇺🇸 USA |
 IBM IBM | 21.7 | 131.49% | 🇺🇸 USA |
 Tower Semiconductor TSEM | 15.0 | 59.75% | 🇮🇱 Israel |
 ASE Group
ASX | 19.2 | 104.94% | 🇹🇼 Taiwan |
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.