Webjet Limited
WEB.AX
#5419
Rank
โ‚ฌ0.96 B
Marketcap
2,51ย โ‚ฌ
Share price
-4.17%
Change (1 day)
-42.50%
Change (1 year)

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

P/E ratio at the end of 2024: 44.0

According to Webjet Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2799. At the end of 2024 the company had a P/E ratio of 44.0.

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

PE ratio at the end of each year

Year P/E ratio Change
202444.0-74.49%
2023172-898.18%
2022-21.6
2020-3.58-113.86%
201925.8-18.84%
201831.864.18%
201719.4-8.61%
201621.289.98%
201511.263.52%
20146.83-80.44%
201334.9215.38%
201211.133.82%
20118.27-19.77%
201010.31.04%
200910.253.94%
20086.63-64.99%
200718.9-25.19%
200625.326%
200520.1-552.56%
2004-4.4458.68%
2003-2.80-68.01%
2002-8.74182.26%
2001-3.10

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.