Check if the following ratios are equivalent 12.36and 32.40
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Well, based on the last twelve months it is 12.36. That is equivalent to an earnings yield of about 8.1%.
The formula for P/E is:
Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Or for Wonderful Hi-tech:
P/E of 12.36 = TWD16.95 ÷ TWD1.37
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