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Formosan Rubber Group - Stock

Formosan Rubber Group P/E 2024

Formosan Rubber Group P/E

15.11

Ticker

2107.TW

ISIN

TW0002107000

As of Jun 18, 2024, Formosan Rubber Group's P/E ratio was 15.11, a 44.18% change from the 10.48 P/E ratio recorded in the previous year.

The Formosan Rubber Group P/E history

Formosan Rubber Group Aktienanalyse

What does Formosan Rubber Group do?

The Formosan Rubber Group Inc. is a leading company in the production of rubber and plastic products. It was founded in Taiwan in 1945 and is headquartered in Taipei. Since its establishment, the company has undergone impressive development. The company's history began with the founding of Taiwan Currency Printing Co., Ltd. in 1941, which printed banknotes. After World War II, domestic demand shifted and since the company specialized in banknotes, it faced financial difficulties. As a result, it was acquired in 1945 by Hachikoh Rubber Industry Co. Ltd. and renamed Formosan Rubber Industries Inc. The main business of the company in its early years was the production of radial tires for vehicles. In the following decades, the company diversified its business areas and began to focus on other areas such as industrial, hose, and transportation tires. It has also established subsidiaries in various countries such as the USA, Canada, Japan, and Singapore. In 1989, Formosan Rubber Industries Inc. was transformed into a holding company and renamed Formosan Rubber Group Inc. The transformation allowed the company to expand its business activities and investments in other areas such as electronics, food, and mechanical engineering. Today, Formosan Rubber Group Inc. is active in various business sectors including the production of tires, hoses, mats, foams, and other plastic products. It has also expanded into other areas such as electronics, agriculture, real estate, and finance. The company works closely with customers from various industries, including the automotive, construction, agriculture, and electronics industries. In terms of its products, Formosan Rubber Group Inc. offers a wide range of rubber and plastic products, including tires, hoses, mats, and foams. In summary, Formosan Rubber Group Inc. has undergone impressive development since its founding in 1945. It has evolved from manufacturing radial tires and is now a leading company in the production of rubber and plastic products, expanding into various business areas such as electronics, food, and mechanical engineering. With its technical expertise and commitment to quality, Formosan Rubber Group Inc. is well positioned to continue growing and thriving in the years to come. Formosan Rubber Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Formosan Rubber Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Formosan Rubber Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Formosan Rubber Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Formosan Rubber Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Formosan Rubber Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Formosan Rubber Group Stock

What is the price-to-earnings ratio of Formosan Rubber Group?

The price-earnings ratio of Formosan Rubber Group is currently 15.11.

How has the price-earnings ratio of Formosan Rubber Group changed compared to last year?

The price-to-earnings ratio of Formosan Rubber Group has increased by 44.18% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Formosan Rubber Group high compared to other companies?

Yes, the price-to-earnings ratio of Formosan Rubber Group is high compared to other companies.

How does an increase in the price-earnings ratio of Formosan Rubber Group affect the company?

An increase in the price-earnings ratio of Formosan Rubber Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Formosan Rubber Group affect the company?

A decrease in the price-earnings ratio of Formosan Rubber Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Formosan Rubber Group?

Some factors that influence the price-earnings ratio of Formosan Rubber Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Formosan Rubber Group pay?

Over the past 12 months, Formosan Rubber Group paid a dividend of 2.44 TWD . This corresponds to a dividend yield of about 9.12 %. For the coming 12 months, Formosan Rubber Group is expected to pay a dividend of 2.44 TWD.

What is the dividend yield of Formosan Rubber Group?

The current dividend yield of Formosan Rubber Group is 9.12 %.

When does Formosan Rubber Group pay dividends?

Formosan Rubber Group pays a quarterly dividend. This is distributed in the months of September, August, August, October.

How secure is the dividend of Formosan Rubber Group?

Formosan Rubber Group paid dividends every year for the past 17 years.

What is the dividend of Formosan Rubber Group?

For the upcoming 12 months, dividends amounting to 2.44 TWD are expected. This corresponds to a dividend yield of 9.12 %.

In which sector is Formosan Rubber Group located?

Formosan Rubber Group is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Formosan Rubber Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Formosan Rubber Group from 9/18/2023 amounting to 1.111 TWD, you needed to have the stock in your portfolio before the ex-date on 9/18/2023.

When did Formosan Rubber Group pay the last dividend?

The last dividend was paid out on 9/18/2023.

What was the dividend of Formosan Rubber Group in the year 2023?

In the year 2023, Formosan Rubber Group distributed 1.2 TWD as dividends.

In which currency does Formosan Rubber Group pay out the dividend?

The dividends of Formosan Rubber Group are distributed in TWD.

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Andere Kennzahlen von Formosan Rubber Group

Our stock analysis for Formosan Rubber Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Formosan Rubber Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.