P/E ratio for Treasury Wine Estates (TWE.AX)
P/E ratio at the end of 2021: 30.9
According to Treasury Wine Estates 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.0348. At the end of 2021 the company had a P/E ratio of 30.9.
P/E ratio history for Treasury Wine Estates from 2011 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 30.9 | 8.98% |
| 2020 | 28.4 | 10.91% |
| 2019 | 25.6 | -22.36% |
| 2018 | 33.0 | 0.73% |
| 2017 | 32.7 | -4.21% |
| 2016 | 34.2 | -10.13% |
| 2015 | 38.0 | -262.52% |
| 2014 | -23.4 | -134.94% |
| 2013 | 66.9 | 214.29% |
| 2012 | 21.3 | 75.83% |
| 2011 | 12.1 |
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.