P/E ratio for Wedia SA (ALWED.PA)
P/E ratio at the end of 2023: -441
According to Wedia SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -574.469. At the end of 2023 the company had a P/E ratio of -441.
P/E ratio history for Wedia SA from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -441 | -432.58% |
| 2022 | 133 | 244.8% |
| 2021 | 38.5 | 74.41% |
| 2020 | 22.1 | -64.74% |
| 2019 | 62.6 | 272.63% |
| 2018 | 16.8 | -15.78% |
| 2017 | 19.9 | -34.9% |
| 2016 | 30.6 | -23.67% |
| 2015 | 40.1 | -376.89% |
| 2014 | -14.5 | -77.73% |
| 2013 | -65.1 | 135.24% |
| 2012 | -27.7 | -119.39% |
| 2011 | 143 |
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.