According to Wärtsilä 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.4958. At the end of 2022 the company had a P/E ratio of -77.4.
Year | P/E ratio | Change |
---|---|---|
2022 | -77.4 | -300.31% |
2021 | 38.6 | 9% |
2020 | 35.4 | 33.11% |
2019 | 26.6 | 26.68% |
2018 | 21.0 | -24.49% |
2017 | 27.8 | 16.72% |
2016 | 23.8 | 27.28% |
2015 | 18.7 | -11.11% |
2014 | 21.1 | 16.65% |
2013 | 18.1 | -5.03% |
2012 | 19.0 | 22.73% |
2011 | 15.5 | 6.14% |
2010 | 14.6 | 104.98% |
2009 | 7.12 |
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.