Walgreens Boots Alliance
WBA
#1254
Rank
$13.77 B
Marketcap
$15.97
Share price
0.63%
Change (1 day)
-49.40%
Change (1 year)

P/E ratio for Walgreens Boots Alliance (WBA)

P/E ratio as of June 2024 (TTM): -4.15

According to Walgreens Boots Alliance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.14841. 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%
20217.03-114.28%
2020-49.2-440.7%
201914.515.05%
201812.6-37.04%
201720.0-8.4%
201621.87.16%
201520.3-42.39%
201435.376.88%
201319.921.79%
201216.447.12%
201111.1-35.71%
201017.3-0.5%
200917.450.26%
200811.6-37.04%
200718.4-27.04%
200625.2-11.7%
200528.63.44%
200427.6-11.98%
200331.412.81%
200227.8-26.49%
200137.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.15-320.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.2 266.86%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0219-99.47%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.