P/E ratio for Treasury Wine Estates (TWE.AX)
P/E ratio at the end of 2022: 31.6
According to Treasury Wine Estates 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 31.6.
P/E ratio history for Treasury Wine Estates from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.6 | -5.18% |
| 2021 | 33.3 | 19.15% |
| 2020 | 28.0 | 8.51% |
| 2019 | 25.8 | -26.3% |
| 2018 | 35.0 | -3.03% |
| 2017 | 36.1 | -1.45% |
| 2016 | 36.6 | -12.51% |
| 2015 | 41.8 | -232.42% |
| 2014 | -31.6 | -136.04% |
| 2013 | 87.7 | 180.21% |
| 2012 | 31.3 | 68.37% |
| 2011 | 18.6 |
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.