P/E ratio for Walgreens Boots Alliance (WBA)
P/E ratio as of April 2024 (TTM): -4.64
According to Walgreens Boots Alliance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.63802. At the end of 2022 the company had a P/E ratio of -10.9.
P/E ratio history for Walgreens Boots Alliance from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -10.9 | -254.5% |
| 2021 | 7.03 | -114.28% |
| 2020 | -49.2 | -440.7% |
| 2019 | 14.5 | 15.05% |
| 2018 | 12.6 | -37.04% |
| 2017 | 20.0 | -8.4% |
| 2016 | 21.8 | 7.16% |
| 2015 | 20.3 | -42.39% |
| 2014 | 35.3 | 76.88% |
| 2013 | 19.9 | 21.79% |
| 2012 | 16.4 | 47.12% |
| 2011 | 11.1 | -35.71% |
| 2010 | 17.3 | -0.5% |
| 2009 | 17.4 | 50.26% |
| 2008 | 11.6 | -37.04% |
| 2007 | 18.4 | -27.04% |
| 2006 | 25.2 | -11.7% |
| 2005 | 28.6 | 3.44% |
| 2004 | 27.6 | -11.98% |
| 2003 | 31.4 | 12.81% |
| 2002 | 27.8 | -26.49% |
| 2001 | 37.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CVS Health CVS | 10.2 | -319.40% | 🇺🇸 USA |
 1-800-PetMeds
PETS | -14.0 | 202.50% | 🇺🇸 USA |
 Rite Aid
RAD | -0.0219 | -99.53% | 🇺🇸 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.