Start with its own history
At 29.61×, CHT is 22.4% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CHTTelecommunications ServicesUpdated Nov 5, 2026
Chunghwa Telecom Co., Ltd. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
29.61×
22.4% abovethe 10-year annual average
Share price48.98
÷Earnings per share1.6542
Price and EPS in quote currency. Calculation details
Investors are paying 29.61 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 24.19×
3-year average25.72×3 positive annual observations
5-year average25.29×5 positive annual observations
10-year average24.19×10 positive annual observations
Peer median · TTM12.55×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 23 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 26.15× | +1.4% |
| Dec 31, 2024 | 25.78× | +2.3% |
| Dec 31, 2023 | 25.21× | +4.9% |
| Dec 31, 2022 | 24.04× | -4.9% |
| Dec 31, 2021 | 25.27× | -0.1% |
| Dec 31, 2020 | 25.29× | -2.7% |
| Dec 31, 2019 | 26.00× | +11.3% |
| Dec 31, 2018 | 23.36× | +10.4% |
View all 23 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 21.16× | +7.6% |
| Dec 31, 2016 | 19.67× | +9.6% |
| Dec 31, 2015 | 17.95× | -4.9% |
| Dec 31, 2014 | 18.88× | +3.8% |
| Dec 31, 2013 | 18.18× | +18.2% |
| Dec 31, 2012 | 15.38× | -7.1% |
| Dec 31, 2011 | 16.56× | +30.1% |
| Dec 31, 2010 | 12.72× | +12.6% |
| Dec 31, 2009 | 11.30× | -18.1% |
| Dec 31, 2008 | 13.80× | +4.5% |
| Dec 31, 2007 | 13.20× | -28.1% |
| Dec 31, 2006 | 18.37× | -22.7% |
| Dec 31, 2005 | 23.75× | +55.4% |
| Dec 31, 2004 | 15.28× | +17.6% |
| Dec 31, 2003 | 12.99× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CHT compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CHT This stockChunghwa Telecom Co., Ltd. | 29.61× |
 3045.TWTaiwan Mobile Co., Ltd. | 24.86× |
 SKMSK Telecom Co.,Ltd | 12.92× |
 KTKT Corporation | 8.91× |
 PHIPLDT Inc. | 9.00× |
 TLKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk | 12.17× |
 TEOTelecom Argentina S.A. | 10.32× |
 AMXAmérica Móvil, S.A.B. de C.V. | 15.20× |
 VIVTelefônica Brasil S.A. | 15.05× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CHT’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 12.55×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CHT into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CHT", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 48.98 ÷ EPS 1.6542 = 29.61×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CHT P/E ratio: common questions
The essentials behind the numbers.
Chunghwa Telecom Co., Ltd.'s current P/E is 29.61× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.