P/E ratio for Wingstop Restaurants (WING)
P/E ratio as of June 2024 (TTM): 167
According to Wingstop Restaurants's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 167.087. At the end of 2022 the company had a P/E ratio of 77.3.
P/E ratio history for Wingstop Restaurants from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 77.3 | -36.02% |
| 2021 | 121 | -28.89% |
| 2020 | 170 | 37.95% |
| 2019 | 123 | 40.09% |
| 2018 | 87.9 | 107.53% |
| 2017 | 42.4 | -22.68% |
| 2016 | 54.8 | -16.07% |
| 2015 | 65.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Texas Roadhouse
TXRH | 39.4 | -76.39% | 🇺🇸 USA |
 Red Robin
RRGB | -2.38 | -101.42% | 🇺🇸 USA |
 Papa John's Pizza
PZZA | 19.7 | -88.20% | 🇺🇸 USA |
 Denny's
DENN | 13.4 | -91.99% | 🇺🇸 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.