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United Microelectronics (United Microelectronics) Forward PE Ratio

: 11.88 (As of Today)
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United Microelectronics's Forward PE Ratio for today is 11.88.

United Microelectronics's PE Ratio without NRI for today is 9.69.

United Microelectronics's PE Ratio for today is 9.52.


United Microelectronics Forward PE Ratio Historical Data

The historical data trend for United Microelectronics's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Microelectronics Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
21.98 16.69 23.47 13.07 19.49 19.80 13.09 8.20 13.68 12.76

United Microelectronics Quarterly Data
2015-12 2016-03 2016-06 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 21.98 23.92 20.75 16.69 20.75 28.41 26.88 23.47 22.27 24.21 18.45 13.07 25.84 21.10 18.62 19.49 13.00 13.50 14.97 19.80 21.41 17.76 17.27 13.09 9.29 6.19 6.96 8.20 11.96 11.26 11.92 13.68 13.70

Competitive Comparison

For the Semiconductors subindustry, United Microelectronics's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Microelectronics Forward PE Ratio Distribution

For the Semiconductors industry and Technology sector, United Microelectronics's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where United Microelectronics's Forward PE Ratio falls into.



United Microelectronics Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


United Microelectronics  (NYSE:UMC) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


United Microelectronics Forward PE Ratio Related Terms

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United Microelectronics (United Microelectronics) Business Description

Traded in Other Exchanges
Address
No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.

United Microelectronics (United Microelectronics) Headlines