According to WEG ON's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1354. At the end of 2022 the company had a P/E ratio of 38.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 38.4 | -0.5% |
2021 | 38.6 | -43.14% |
2020 | 67.9 | 50.74% |
2019 | 45.0 | 59.81% |
2018 | 28.2 | -17.27% |
2017 | 34.1 | 52.21% |
2016 | 22.4 | 7.26% |
2015 | 20.9 | -19.05% |
2014 | 25.8 | 12.43% |
2013 | 22.9 | -13.88% |
2012 | 26.6 | 34.65% |
2011 | 19.8 | -24.08% |
2010 | 26.0 | 26.48% |
2009 | 20.6 | 49.86% |
2008 | 13.7 | -48.9% |
2007 | 26.9 | |
2003 | 10.0 | 52.46% |
2002 | 6.58 |
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.