P/E ratio for Wärtsilä (WRT1V.HE)
P/E ratio as of April 2024 (TTM): 52.6
According to Wärtsilä 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.5507. At the end of 2022 the company had a P/E ratio of -77.4.
P/E ratio history for Wärtsilä from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -77.4 | -300.31% |
| 2021 | 38.6 | 9% |
| 2020 | 35.4 | 33.11% |
| 2019 | 26.6 | 26.68% |
| 2018 | 21.0 | -24.49% |
| 2017 | 27.8 | 16.72% |
| 2016 | 23.8 | 27.28% |
| 2015 | 18.7 | -11.11% |
| 2014 | 21.1 | 16.65% |
| 2013 | 18.1 | -5.03% |
| 2012 | 19.0 | 22.73% |
| 2011 | 15.5 | 6.14% |
| 2010 | 14.6 | 104.98% |
| 2009 | 7.12 |
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.