Fortune Electric Co., Ltd.
1519
Rank in Stocks
#2716
Fortune Electric Co., Ltd. is a Taiwanese firm that specializes in the... Fortune Electric Co., Ltd. is a Taiwanese firm that specializes in the production, processing, and commercialization of a wide array of electrical power equipment. Its core offerings include power transformers, switchboards, various high and low voltage switching mechanisms, and other essential components for electrical substations. The company's product portfolio further extends to numerous transformer types, such as power, distribution, cast resin, and amorphous metal core units. Additionally, Fortune Electric provides advanced switchgear solutions, including metal-clad switchgears, gas-insulated switches (G.I.S.), dedicated switchgear panels, and motor control centers, alongside general transmission and distribution apparatus. Established in 1969, the company operates from its headquarters located in Taoyuan City, Taiwan.
Share Price
$20.07
Market Cap
$6.97B
Change (1 day)
-2.02%
Change (1 year)
4.26%
Country
TW
Trade Fortune Electric Co., Ltd. (1519)
Category
Industrials
P/E ratio for Fortune Electric Co., Ltd. (1519)
P/E ratio as of October 2026 TTM: 44.18
According to Fortune Electric Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.18. At the end of 2023 the company had a P/E ratio of 34.64.
P/E ratio history for Fortune Electric Co., Ltd. from 2009 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 44.18 | 17.13% |
| 2024 | 37.72 | 8.89% |
| 2023 | 34.64 | 130.29% |
| 2022 | 15.04 | -55.27% |
| 2021 | 33.63 | 18.59% |
| 2020 | 28.36 | 53.28% |
| 2019 | 18.50 | -77.70% |
| 2018 | 82.96 | 41.07% |
| 2017 | 58.81 | 215.39% |
| 2016 | 18.65 | 4.86% |
| 2015 | 17.78 | 12.80% |
| 2014 | 15.76 | -62.04% |
| 2013 | 41.53 | -7.08% |
| 2012 | 44.69 | 47.40% |
| 2011 | 30.32 | 35.67% |
| 2010 | 22.35 | 17.38% |
| 2009 | 19.04 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | -6.14% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | 11.59% |
US
|
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.