P/E ratio for Alkaline Water Company (WTER)
P/E ratio as of April 2024 (TTM): -0.0007
According to Alkaline Water Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.000674678. At the end of 2022 the company had a P/E ratio of -0.6902.
P/E ratio history for Alkaline Water Company from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.6902 | -79.53% |
| 2021 | -3.37 | -16.55% |
| 2020 | -4.04 | 8.16% |
| 2019 | -3.74 | -73.41% |
| 2018 | -14.0 | 332.17% |
| 2017 | -3.25 | 61.95% |
| 2016 | -2.01 | 173.26% |
| 2015 | -0.7344 | -39.05% |
| 2014 | -1.20 | -80.2% |
| 2013 | -6.09 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Coca-Cola KO | 24.8 | -3,675,216.13% | 🇺🇸 USA |
 Coca-Cola Consolidated COKE | 17.3 | -2,560,210.16% | 🇺🇸 USA |
 Primo Water
PRMW | 25.5 | -3,775,678.87% | 🇺🇸 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.