According to Workman's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.1725. At the end of 2022 the company had a P/E ratio of 25.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 25.6 | 2.85% |
2021 | 24.9 | -45% |
2020 | 45.3 | -27.57% |
2019 | 62.5 | 96.32% |
2018 | 31.9 | 931.59% |
2017 | 3.09 | -8.19% |
2016 | 3.36 | -11.09% |
2015 | 3.78 | -4.16% |
2014 | 3.95 | -9.94% |
2013 | 4.38 | -5.18% |
2012 | 4.62 | -22.17% |
2011 | 5.94 | -34.89% |
2010 | 9.12 | -49.32% |
2009 | 18.0 |
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.