World Wrestling Entertainment
WWE
#1925
Rank
NZ$14.03 B
Marketcap
$168.73
Share price
2.65%
Change (1 day)
25.05%
Change (1 year)

P/E ratio for World Wrestling Entertainment (WWE)

P/E ratio on November 14, 2023 (TTM): 44.9

According to World Wrestling Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.933. At the end of 2022 the company had a P/E ratio of 26.2.

P/E ratio history for World Wrestling Entertainment from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.224.03%
202121.1-25.4%
202028.3-57.3%
201966.213.39%
201858.4-19.83%
201772.874.11%
201641.8-24.99%
201555.8-281.25%
2014-30.8-105.57%
20135532912%
201218.3-37%
201129.145.22%
201020.1-11.04%
200922.526.15%
200817.9-11.61%
200720.2-18.13%
200624.721.13%
200520.4-0.83%
200420.6-100.41%
2003< -1000-23338.59%
200221.8-81.8%
2001120

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
77.2 71.79%๐Ÿ‡บ๐Ÿ‡ธ USA
-83.6-286.05%๐Ÿ‡ฌ๐Ÿ‡ง UK
-22.5-150.05%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-73.16%๐Ÿ‡บ๐Ÿ‡ธ USA
83.2 85.23%๐Ÿ‡บ๐Ÿ‡ธ USA
77.8 73.24%๐Ÿ‡บ๐Ÿ‡ธ 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.