Formosa Chemicals & Fibre Corporation
1326
Rank in Stocks
#1585
Founded in 1965 and headquartered in Taipei, Taiwan, Formosa Chemicals & Fibre... Founded in 1965 and headquartered in Taipei, Taiwan, Formosa Chemicals & Fibre Corporation operates as a multifaceted industrial enterprise with a significant presence both domestically and in international markets. Its primary activities encompass the manufacturing and distribution of a diverse range of petrochemicals, including essential compounds like benzene, para-xylene, and styrene monomer, as well as a variety of plastic products such as polystyrene, ABS resin, and polycarbonate. The company is also a major producer in the textile sector, specializing in nylon fibers, rayon staple fibers, and an extensive selection of specialized yarns, from fireproof and mosaic to multi-blended and ring spun varieties. Beyond its core chemical and fiber businesses, Formosa Chemicals & Fibre maintains a broad portfolio of operations. These include comprehensive textile processing services like spinning, dyeing, printing, and finishing, alongside the production of synthetic fabrics, rugs, and carpets. The corporation is involved in investment activities, energy generation through cogeneration and power plants, and it holds interests in real estate development, rental, and sales. Environmental services, such as waste disposal and spent catalyst recycling, also form part of its scope. Furthermore, the company extends into high-tech manufacturing, covering the research, assembly, and testing of integrated circuits, production of synthetic rubber, industrial catalysts, and battery energy storage systems. Its diverse engagements also encompass the wholesale and retail of chemical and plastic raw materials, international trading, manufacturing and sales of cosmetics and ready-to-wear apparel, provision of employment services, and the planning, design, and installation of LED lighting systems.
Share Price
$2.33
Market Cap
$13.65B
Change (1 day)
-2.78%
Change (1 year)
139.72%
Country
TW
Trade Formosa Chemicals & Fibre Corporation (1326)
Category
Basic Materials
P/E ratio for Formosa Chemicals & Fibre Corporation (1326)
P/E ratio as of October 2026 TTM: 32.63
According to Formosa Chemicals & Fibre Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.63. At the end of 2023 the company had a P/E ratio of 42.63.
P/E ratio history for Formosa Chemicals & Fibre Corporation from 2006 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 32.63 | -92.25% |
| 2024 | 420.86 | 887.32% |
| 2023 | 42.63 | -23.92% |
| 2022 | 56.03 | 354.78% |
| 2021 | 12.32 | -51.40% |
| 2020 | 25.35 | 47.52% |
| 2019 | 17.18 | 44.10% |
| 2018 | 11.92 | 7.46% |
| 2017 | 11.10 | -13.55% |
| 2016 | 12.84 | -18.13% |
| 2015 | 15.68 | -57.77% |
| 2014 | 37.13 | 88.04% |
| 2013 | 19.75 | -67.25% |
| 2012 | 60.29 | 338.51% |
| 2011 | 13.75 | 16.66% |
| 2010 | 11.78 | -11.89% |
| 2009 | 13.37 | -63.08% |
| 2008 | 36.23 | 276.79% |
| 2007 | 9.62 | 3.72% |
| 2006 | 9.27 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 50.73 | 55.44% |
TW
|
|
| 21.21 | -35.02% |
JP
|
|
| - | - |
DE
|
|
| -6.52 | -119.99% |
SA
|
|
| 12.24 | -62.51% |
CN
|
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.