Wesfarmers
WES.AX
#381
Rank
ยฃ40.99 B
Marketcap
ยฃ36.12
Share price
-1.60%
Change (1 day)
24.40%
Change (1 year)

P/E ratio for Wesfarmers (WES.AX)

P/E ratio at the end of 2022: 19.0

According to Wesfarmers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.5989. At the end of 2022 the company had a P/E ratio of 19.0.

P/E ratio history for Wesfarmers from 2001 to 2022

200520102015202010203040506070companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202219.0-19.91%
202123.7-12.4%
202027.0303.19%
20196.70-76.48%
201828.5203.3%
20179.39-85.82%
201666.3527.91%
201510.624.22%
20148.49-12.9%
20139.7536.11%
20127.17-9.55%
20117.92-30.69%
201011.448.4%
20097.70-17%
20089.28-18.78%
200711.453.31%
20067.45-56.17%
200517.096.17%
20048.67-30.32%
200312.4-24.22%
200216.4-15.85%
200119.5

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.