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.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.0 | -19.91% |
2021 | 23.7 | -12.4% |
2020 | 27.0 | 303.19% |
2019 | 6.70 | -76.48% |
2018 | 28.5 | 203.3% |
2017 | 9.39 | -85.82% |
2016 | 66.3 | 527.91% |
2015 | 10.6 | 24.22% |
2014 | 8.49 | -12.9% |
2013 | 9.75 | 36.11% |
2012 | 7.17 | -9.55% |
2011 | 7.92 | -30.69% |
2010 | 11.4 | 48.4% |
2009 | 7.70 | -17% |
2008 | 9.28 | -18.78% |
2007 | 11.4 | 53.31% |
2006 | 7.45 | -56.17% |
2005 | 17.0 | 96.17% |
2004 | 8.67 | -30.32% |
2003 | 12.4 | -24.22% |
2002 | 16.4 | -15.85% |
2001 | 19.5 |
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.