<p>當瑞士近一半的公司市盈率（或稱&#34;P/E&#34;）低於 19 倍時，您可能會考慮將 <strong>奇華頓（Givaudan SA）</strong>（VTX:GIVN）視為一隻可能需要避免的股票，因為其市盈率為 28.1 倍。不過，我們需要深入挖掘一下，以確定這種高市盈率是否有合理的基礎。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<p>由於近期盈利增長低於大多數其他公司，奇華頓的表現相對遲緩。許多人可能期望其乏善可陳的盈利表現會顯著恢復，這使得市盈率沒有崩潰。如果沒有，那麼現有股東可能會對股價的可持續性感到非常緊張。</p>
<p>查看我們對奇華頓的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199"/></p>
<p>SWX:GIVN 市盈率與行業比較 2025 年 11 月 28 日</p>
<p>想知道分析師如何看待奇華頓的未來與行業的對比嗎？在這種情況下，我們的 <strong>免費</strong> 報告是一個很好的起點。</p>
<h2>增長指標告訴我們關於高市盈率的什麼？</h2>
<p>奇華頓的市盈率對於一家預計將實現穩健增長的公司來説是典型的，重要的是，它的表現應該優於市場。</p>
<p>回顧過去，我們看到該公司去年每股收益增長了 6.0%。最近三年期間，每股收益整體增長了 40%，這在一定程度上得益於其短期表現。因此，可以公平地説，最近的盈利增長對公司來説是非常出色的。</p>
<p>展望未來，分析師預計接下來的三年將實現每年 5.2% 的增長。與此同時，市場的其他部分預計將以每年 12% 的速度擴張，這顯然更具吸引力。</p>
<p>考慮到這一點，奇華頓的市盈率高於大多數其他公司，這令人擔憂。顯然，許多投資者對該公司的看法遠比分析師所表明的樂觀，並且不願意以任何價格出售他們的股票。如果市盈率降到與增長前景更為一致的水平，這些股東很可能會為未來的失望埋下伏筆。</p>
<h2>關於奇華頓市盈率的結論</h2>
<p>雖然市盈率不應成為您是否購買股票的決定性因素，但它確實是盈利預期的一個有效晴雨表。</p>
<p>我們對奇華頓分析師預測的審查顯示，其較差的盈利前景並沒有像我們預期的那樣對其高市盈率產生太大影響。現在，我們對高市盈率越來越感到不安，因為預測的未來盈利不太可能長期支持如此積極的情緒。除非這些條件顯著改善，否則很難接受這些價格是合理的。</p>
<p>始終需要考慮投資風險的潛在威脅。我們已識別出 <strong>奇華頓的 1 個警示信號</strong>，理解這一點應成為您投資過程的一部分。</p>
<p>如果您對奇華頓的業務實力 <strong>不確定</strong>，為什麼不探索我們互動的股票列表，尋找一些您可能錯過的具有穩健商業基礎的其他公司呢？</p>

奇華頓(ADR)

<p>奇華頓的市盈率為 28.1 倍，相較於其他瑞士公司而言偏高，這引發了對其盈利增長乏力的擔憂。儘管過去每股收益有所增長，但未來的增長預計將落後於市場，這使得其當前市盈率的可持續性受到質疑</p>

<p>When close to half the companies in Switzerland have price-to-earnings ratios (or &#34;P/E's&#34;) below 19x, you may consider <strong>Givaudan SA</strong>(VTX:GIVN) as a stock to potentially avoid with its 28.1x P/E ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the elevated P/E.</p>
<div class="lb-trans"><p>當瑞士近一半的公司市盈率（或稱&#34;P/E&#34;）低於 19 倍時，您可能會考慮將 <strong>奇華頓（Givaudan SA）</strong>（VTX:GIVN）視為一隻可能需要避免的股票，因為其市盈率為 28.1 倍。不過，我們需要深入挖掘一下，以確定這種高市盈率是否有合理的基礎。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><p>With earnings growth that's inferior to most other companies of late, Givaudan has been relatively sluggish. It might be that many expect the uninspiring earnings performance to recover significantly, which has kept the P/E from collapsing. If not, then existing shareholders may be very nervous about the viability of the share price.</p>
<div class="lb-trans"><p>由於近期盈利增長低於大多數其他公司，奇華頓的表現相對遲緩。許多人可能期望其乏善可陳的盈利表現會顯著恢復，這使得市盈率沒有崩潰。如果沒有，那麼現有股東可能會對股價的可持續性感到非常緊張。</p>
</div><p>Check out our latest analysis for Givaudan</p>
<div class="lb-trans"><p>查看我們對奇華頓的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199" alt="" original-src="https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199"/></p>
<p>SWX:GIVN Price to Earnings Ratio vs Industry November 28th 2025</p>
<div class="lb-trans"><p>SWX:GIVN 市盈率與行業比較 2025 年 11 月 28 日</p>
</div><p>Keen to find out how analysts think Givaudan's future stacks up against the industry? In that case, our <strong>free</strong> report is a great place to start.</p>
<div class="lb-trans"><p>想知道分析師如何看待奇華頓的未來與行業的對比嗎？在這種情況下，我們的 <strong>免費</strong> 報告是一個很好的起點。</p>
</div><h2>What Are Growth Metrics Telling Us About The High P/E?</h2>
<div class="lb-trans"><h2>增長指標告訴我們關於高市盈率的什麼？</h2>
</div><p>Givaudan's P/E ratio would be typical for a company that's expected to deliver solid growth, and importantly, perform better than the market.</p>
<div class="lb-trans"><p>奇華頓的市盈率對於一家預計將實現穩健增長的公司來説是典型的，重要的是，它的表現應該優於市場。</p>
</div><p>Taking a look back first, we see that the company managed to grow earnings per share by a handy 6.0% last year. The latest three year period has also seen an excellent 40% overall rise in EPS, aided somewhat by its short-term performance. Therefore, it's fair to say the earnings growth recently has been superb for the company.</p>
<div class="lb-trans"><p>回顧過去，我們看到該公司去年每股收益增長了 6.0%。最近三年期間，每股收益整體增長了 40%，這在一定程度上得益於其短期表現。因此，可以公平地説，最近的盈利增長對公司來説是非常出色的。</p>
</div><p>Turning to the outlook, the next three years should generate growth of 5.2% per year as estimated by the analysts watching the company. Meanwhile, the rest of the market is forecast to expand by 12% per annum, which is noticeably more attractive.</p>
<div class="lb-trans"><p>展望未來，分析師預計接下來的三年將實現每年 5.2% 的增長。與此同時，市場的其他部分預計將以每年 12% 的速度擴張，這顯然更具吸引力。</p>
</div><p>In light of this, it's alarming that Givaudan's P/E sits above the majority of other companies. Apparently many investors in the company are way more bullish than analysts indicate and aren't willing to let go of their stock at any price. There's a good chance these shareholders are setting themselves up for future disappointment if the P/E falls to levels more in line with the growth outlook.</p>
<div class="lb-trans"><p>考慮到這一點，奇華頓的市盈率高於大多數其他公司，這令人擔憂。顯然，許多投資者對該公司的看法遠比分析師所表明的樂觀，並且不願意以任何價格出售他們的股票。如果市盈率降到與增長前景更為一致的水平，這些股東很可能會為未來的失望埋下伏筆。</p>
</div><h2>The Bottom Line On Givaudan's P/E</h2>
<div class="lb-trans"><h2>關於奇華頓市盈率的結論</h2>
</div><p>While the price-to-earnings ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of earnings expectations.</p>
<div class="lb-trans"><p>雖然市盈率不應成為您是否購買股票的決定性因素，但它確實是盈利預期的一個有效晴雨表。</p>
</div><p>Our examination of Givaudan's analyst forecasts revealed that its inferior earnings outlook isn't impacting its high P/E anywhere near as much as we would have predicted. Right now we are increasingly uncomfortable with the high P/E as the predicted future earnings aren't likely to support such positive sentiment for long. Unless these conditions improve markedly, it's very challenging to accept these prices as being reasonable.</p>
<div class="lb-trans"><p>我們對奇華頓分析師預測的審查顯示，其較差的盈利前景並沒有像我們預期的那樣對其高市盈率產生太大影響。現在，我們對高市盈率越來越感到不安，因為預測的未來盈利不太可能長期支持如此積極的情緒。除非這些條件顯著改善，否則很難接受這些價格是合理的。</p>
</div><p>It's always necessary to consider the ever-present spectre of investment risk. We've identified <strong>1 warning sign with Givaudan</strong>, and understanding should be part of your investment process.</p>
<div class="lb-trans"><p>始終需要考慮投資風險的潛在威脅。我們已識別出 <strong>奇華頓的 1 個警示信號</strong>，理解這一點應成為您投資過程的一部分。</p>
</div><p>If you're <strong>unsure about the strength of Givaudan's business</strong>, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.</p>
<div class="lb-trans"><p>如果您對奇華頓的業務實力 <strong>不確定</strong>，為什麼不探索我們互動的股票列表，尋找一些您可能錯過的具有穩健商業基礎的其他公司呢？</p>
</div>

增長乏力並未成為奇華頓 (ADR)（VTX:GIVN）股價的障礙