P/E ratio for Wipro (WIT)
P/E ratio as of April 2025 (TTM): 10.4
According to Wipro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4494. At the end of 2022 the company had a P/E ratio of 17.9.
P/E ratio history for Wipro from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.9 | -45.41% |
| 2021 | 32.7 | 38.82% |
| 2020 | 23.6 | 49.98% |
| 2019 | 15.7 | -38.43% |
| 2018 | 25.5 | -5.21% |
| 2017 | 26.9 | 7.91% |
| 2016 | 25.0 | -8.61% |
| 2015 | 27.3 | 3.71% |
| 2014 | 26.3 | -21.76% |
| 2013 | 33.7 | 57.35% |
| 2012 | 21.4 | -17.06% |
| 2011 | 25.8 | -34.57% |
| 2010 | 39.4 | -0.12% |
| 2009 | 39.5 | 138.31% |
| 2008 | 16.6 | -49.64% |
| 2007 | 32.9 | -29.78% |
| 2006 | 46.8 | 0.77% |
| 2005 | 46.5 | -26.43% |
| 2004 | 63.2 | -14.93% |
| 2003 | 74.3 | -19.81% |
| 2002 | 92.6 | -8.28% |
| 2001 | 101 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 16.5 | 58.09% | 🇺🇸 USA |
 | 31.0 | 196.67% | 🇺🇸 USA |
 | 25.6 | 145.16% | 🇮🇪 Ireland |
 | 23.0 | 120.37% | 🇮🇳 India |
 | 10.2 | -2.79% | 🇺🇸 USA |
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.