P/E ratio for Evergreen Marine (2603.TW)
P/E ratio as of May 2024 (TTM): 3.50
According to Evergreen Marine's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.5028. At the end of 2022 the company had a P/E ratio of 1.74.
P/E ratio history for Evergreen Marine from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.74 | -66.88% |
| 2021 | 5.24 | -34.87% |
| 2020 | 8.04 | -99.35% |
| 2019 | > 1000 | 426.22% |
| 2018 | 236 | 2750.93% |
| 2017 | 8.27 | -241.81% |
| 2016 | -5.83 | -44.58% |
| 2015 | -10.5 | -115.38% |
| 2014 | 68.4 | -265.25% |
| 2013 | -41.4 | -122.66% |
| 2012 | 183 | -1161.6% |
| 2011 | -17.2 | -380.22% |
| 2010 | 6.13 |
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.