P/E ratio for Washington H. Soul Pattinson and Company (WHSP) (SOL.AX)
P/E ratio at the end of 2021: 27.2
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 24.2987. At the end of 2021 the company had a P/E ratio of 27.2.
P/E ratio history for Washington H. Soul Pattinson and Company (WHSP) from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 27.2 | 455.91% |
| 2020 | 4.88 | -78.04% |
| 2019 | 22.2 | 21.35% |
| 2018 | 18.3 | 66.81% |
| 2017 | 11.0 | -57.76% |
| 2016 | 26.0 | -31.56% |
| 2015 | 38.0 | 85.38% |
| 2014 | 20.5 | -12.13% |
| 2013 | 23.3 | 60.02% |
| 2012 | 14.6 | 171.88% |
| 2011 | 5.36 | -50.63% |
| 2010 | 10.9 | 452.7% |
| 2009 | 1.97 | -90.47% |
| 2008 | 20.6 | 39.2% |
| 2007 | 14.8 | -19.7% |
| 2006 | 18.5 | 238.47% |
| 2005 | 5.45 | -51.55% |
| 2004 | 11.3 | -29.53% |
| 2003 | 16.0 | -1.58% |
| 2002 | 16.2 | -21.24% |
| 2001 | 20.6 |
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.