P/E ratio for WashTec AG (WSU.DE)
P/E ratio as of April 2024 (TTM): 24.3
According to WashTec AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.3021. At the end of 2021 the company had a P/E ratio of 23.6.
P/E ratio history for WashTec AG from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.6 | -46.46% |
| 2020 | 44.1 | 35.47% |
| 2019 | 32.5 | 38.47% |
| 2018 | 23.5 | -17.57% |
| 2017 | 28.5 | 31.92% |
| 2016 | 21.6 | 26.15% |
| 2015 | 17.1 | 19.03% |
| 2014 | 14.4 | 7.63% |
| 2013 | 13.4 | 7% |
| 2012 | 12.5 | -266.67% |
| 2011 | -7.50 | -163.18% |
| 2010 | 11.9 | -37.61% |
| 2009 | 19.0 |
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.