P/E ratio for Whitbread (WTB.L)
P/E ratio at the end of 2023: 24.2
According to Whitbread's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 198874. At the end of 2023 the company had a P/E ratio of 24.2.
P/E ratio history for Whitbread from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 24.2 | -80.32% |
| 2022 | 123 | -1961.16% |
| 2021 | -6.60 | -124.67% |
| 2020 | 26.8 | 1067.57% |
| 2019 | 2.29 | -84.85% |
| 2018 | 15.1 | -11.06% |
| 2017 | 17.0 | -2.05% |
| 2016 | 17.4 | -18.79% |
| 2015 | 21.4 | 15.69% |
| 2014 | 18.5 | 52.06% |
| 2013 | 12.2 | 33.66% |
| 2012 | 9.09 | -16.37% |
| 2011 | 10.9 | -19.44% |
| 2010 | 13.5 | 4.4% |
| 2009 | 12.9 | 349.37% |
| 2008 | 2.88 | -66.7% |
| 2007 | 8.64 | 8.85% |
| 2006 | 7.94 | -26.32% |
| 2005 | 10.8 | 17.9% |
| 2004 | 9.14 | -10.94% |
| 2003 | 10.3 | -124.96% |
| 2002 | -41.1 | -331.41% |
| 2001 | 17.8 |
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.