Tex Year Industries Stock Price To Earning

4720 Stock  TWD 19.60  0.65  3.21%   
Tex Year Industries fundamentals help investors to digest information that contributes to Tex Year's financial success or failures. It also enables traders to predict the movement of Tex Stock. The fundamental analysis module provides a way to measure Tex Year's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tex Year stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tex Year Industries Company Price To Earning Analysis

Tex Year's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Tex Year Price To Earning

    
  18.27 X  
Most of Tex Year's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tex Year Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Tex Year Industries has a Price To Earning of 18.27 times. This is 82.57% lower than that of the Basic Materials sector and 43.51% lower than that of the Specialty Chemicals industry. The price to earning for all Taiwan stocks is 36.39% higher than that of the company.

Tex Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tex Year's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tex Year could also be used in its relative valuation, which is a method of valuing Tex Year by comparing valuation metrics of similar companies.
Tex Year is currently under evaluation in price to earning category among its peers.

Tex Fundamentals

About Tex Year Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tex Year Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tex Year using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tex Year Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tex Stock Analysis

When running Tex Year's price analysis, check to measure Tex Year's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tex Year is operating at the current time. Most of Tex Year's value examination focuses on studying past and present price action to predict the probability of Tex Year's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Year's price. Additionally, you may evaluate how the addition of Tex Year to your portfolios can decrease your overall portfolio volatility.