World Holdings
2429.T
#7753
Rank
C$0.31 B
Marketcap
$17.75
Share price
-0.46%
Change (1 day)
-19.65%
Change (1 year)

P/E ratio for World Holdings (2429.T)

P/E ratio as of November 2024 (TTM): 6.41

According to World Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.41103. At the end of 2022 the company had a P/E ratio of 8.50.

P/E ratio history for World Holdings from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.50-10.89%
20219.5462.8%
20205.86-46.59%
201911.039.69%
20187.86-39.48%
201713.075.46%
20167.4017.82%
20156.28-34.13%
20149.53-27.03%
201313.172.39%
20127.58-51.45%
201115.6-71.62%
201055.0

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.