According to Wendel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.16524. At the end of 2021 the company had a P/E ratio of 3.92.
Year | P/E ratio | Change |
---|---|---|
2021 | 3.92 | -129.48% |
2020 | -13.3 | -212.19% |
2019 | 11.8 | -86.89% |
2018 | 90.4 | 231.38% |
2017 | 27.3 | -302.04% |
2016 | -13.5 | -57.27% |
2015 | -31.6 | -117.37% |
2014 | 182 | 1580.32% |
2013 | 10.8 | -16.77% |
2012 | 13.0 | 252.85% |
2011 | 3.69 | 43.57% |
2010 | 2.57 | -257.37% |
2009 | -1.63 | -120.31% |
2008 | 8.03 | 110.07% |
2007 | 3.82 | -66.83% |
2006 | 11.5 | 36.13% |
2005 | 8.47 | 16003.91% |
2004 | 0.0526 | -99.12% |
2003 | 5.95 | -521.05% |
2002 | -1.41 | -51% |
2001 | -2.88 |
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.