Wesfarmers
WES.AX
#371
Rank
โ‚ฌ48.53 B
Marketcap
42,56ย โ‚ฌ
Share price
-0.49%
Change (1 day)
34.90%
Change (1 year)

P/E ratio for Wesfarmers (WES.AX)

P/E ratio at the end of 2022: 19.9

According to Wesfarmers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.6519. At the end of 2022 the company had a P/E ratio of 19.9.

P/E ratio history for Wesfarmers from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202219.9-19.91%
202124.8-12.4%
202028.4303.19%
20197.03-76.48%
201829.9203.3%
20179.86-85.82%
201669.6527.91%
201511.124.22%
20148.92-12.9%
201310.236.11%
20127.52-9.55%
20118.32-30.69%
201012.048.4%
20098.09-17%
20089.74-18.78%
200712.053.31%
20067.82-56.17%
200517.896.17%
20049.10-30.32%
200313.1-24.22%
200217.2-15.85%
200120.5

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.