Webjet Limited
WEB.AX
#5290
Rank
A$1.86 B
Marketcap
$4.82
Share price
1.58%
Change (1 day)
-34.75%
Change (1 year)

P/E ratio for Webjet Limited (WEB.AX)

P/E ratio at the end of 2024: 43.3

According to Webjet Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4702. At the end of 2024 the company had a P/E ratio of 43.3.

P/E ratio history for Webjet Limited from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202443.3-74.49%
2023170-898.18%
2022-21.2
2020-3.52-113.86%
201925.4-18.84%
201831.364.18%
201719.1-8.61%
201620.989.98%
201511.063.52%
20146.72-80.44%
201334.4215.38%
201210.933.82%
20118.14-19.77%
201010.11.04%
200910.053.94%
20086.52-64.99%
200718.6-25.19%
200624.926%
200519.8-552.56%
2004-4.3758.68%
2003-2.75-68.01%
2002-8.60182.26%
2001-3.05

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.