P/E ratio for Washington H. Soul Pattinson and Company (WHSP) (SOL.AX)
P/E ratio at the end of 2022: -554
According to Washington H. Soul Pattinson and Company (WHSP)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -733.1. At the end of 2022 the company had a P/E ratio of -554.
P/E ratio history for Washington H. Soul Pattinson and Company (WHSP) from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -554 | -2292.67% |
| 2021 | 25.3 | 455.91% |
| 2020 | 4.54 | -78.04% |
| 2019 | 20.7 | 21.35% |
| 2018 | 17.1 | 66.81% |
| 2017 | 10.2 | -57.76% |
| 2016 | 24.2 | -31.56% |
| 2015 | 35.4 | 85.38% |
| 2014 | 19.1 | -12.13% |
| 2013 | 21.7 | 60.02% |
| 2012 | 13.6 | 171.88% |
| 2011 | 4.99 | -50.63% |
| 2010 | 10.1 | 452.7% |
| 2009 | 1.83 | -90.47% |
| 2008 | 19.2 | 39.2% |
| 2007 | 13.8 | -19.7% |
| 2006 | 17.2 | 217.2% |
| 2005 | 5.41 | -51.55% |
| 2004 | 11.2 | -29.53% |
| 2003 | 15.9 | -1.58% |
| 2002 | 16.1 | -21.24% |
| 2001 | 20.5 |
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.