P/E ratio for Weebit Nano (WBT.AX)
P/E ratio at the end of 2023: -21.5
According to Weebit Nano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.42593. At the end of 2023 the company had a P/E ratio of -21.5.
P/E ratio history for Weebit Nano from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -21.5 | 93.02% |
| 2022 | -11.1 | -22.58% |
| 2021 | -14.4 | 233.59% |
| 2020 | -4.31 | 16.17% |
| 2019 | -3.71 | -80.03% |
| 2018 | -18.6 | 2075.12% |
| 2017 | -0.8537 | -35.76% |
| 2016 | -1.33 | 780.16% |
| 2015 | -0.1510 | -90.19% |
| 2014 | -1.54 | 0.51% |
| 2013 | -1.53 | -88.08% |
| 2012 | -12.8 | 75.83% |
| 2011 | -7.30 |
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.