Reason: Merged into TKO Group
Last recorded trade on: November 14, 2023
Source: https://www.reuters.com/markets/deals/endeavor-group-acquire-wwe-93-billion-deal-2023-04-03/
P/E ratio for World Wrestling Entertainment (WWE)
P/E ratio on November 14, 2023 (TTM): 44.9
According to World Wrestling Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.933. At the end of 2022 the company had a P/E ratio of 26.2.
P/E ratio history for World Wrestling Entertainment from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.2 | 24.03% |
| 2021 | 21.1 | -25.4% |
| 2020 | 28.3 | -57.3% |
| 2019 | 66.2 | 13.39% |
| 2018 | 58.4 | -19.83% |
| 2017 | 72.8 | 74.11% |
| 2016 | 41.8 | -24.99% |
| 2015 | 55.8 | -281.25% |
| 2014 | -30.8 | -105.57% |
| 2013 | 553 | 2912% |
| 2012 | 18.3 | -37% |
| 2011 | 29.1 | 45.22% |
| 2010 | 20.1 | -11.04% |
| 2009 | 22.5 | 26.15% |
| 2008 | 17.9 | -11.61% |
| 2007 | 20.2 | -18.13% |
| 2006 | 24.7 | 21.13% |
| 2005 | 20.4 | -0.83% |
| 2004 | 20.6 | -100.41% |
| 2003 | < -1000 | -23338.59% |
| 2002 | 21.8 | -81.8% |
| 2001 | 120 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 81.3 | 80.88% | 🇺🇸 USA |
 | -68.1 | -251.45% | 🇬🇧 UK |
 | -29.6 | -165.91% | 🇺🇸 USA |
 | 10.3 | -77.12% | 🇺🇸 USA |
 | 82.3 | 83.24% | 🇺🇸 USA |
 | 83.9 | 86.81% | 🇺🇸 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.