P/E ratio for WEX (WEX)
P/E ratio as of June 2024 (TTM): 29.4
According to WEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.4042. At the end of 2022 the company had a P/E ratio of 36.2.
P/E ratio history for WEX from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.2 | |
| 2020 | -37.1 | -140.53% |
| 2019 | 91.5 | 154.69% |
| 2018 | 35.9 | -5.03% |
| 2017 | 37.8 | -49.18% |
| 2016 | 74.4 | 121.35% |
| 2015 | 33.6 | 77.03% |
| 2014 | 19.0 | -26.76% |
| 2013 | 25.9 | -14.01% |
| 2012 | 30.1 | 91.06% |
| 2011 | 15.8 | -22.13% |
| 2010 | 20.3 | 132.16% |
| 2009 | 8.73 | 127.23% |
| 2008 | 3.84 | -85.39% |
| 2007 | 26.3 | 55.19% |
| 2006 | 16.9 | -64.58% |
| 2005 | 47.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 32.7 | 11.16% | 🇺🇸 USA |
 Mastercard MA | 38.4 | 30.51% | 🇺🇸 USA |
 Fidelity National Information Services FIS | -1.86 | -106.33% | 🇺🇸 USA |
 Fleetcor FLT | 24.1 | -17.95% | 🇺🇸 USA |
 Global Payments GPN | 30.1 | 2.40% | 🇺🇸 USA |
 Western Union WU | 6.39 | -78.26% | 🇺🇸 USA |
 MoneyGram MGI | 31.4 | 6.79% | 🇺🇸 USA |
 Euronet Worldwide
EEFT | 20.3 | -30.84% | 🇺🇸 USA |
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.