P/E ratio for Weibo (WB)
P/E ratio as of April 2024 (TTM): 6.11
According to Weibo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.10606. At the end of 2022 the company had a P/E ratio of 51.7.
P/E ratio history for Weibo from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 51.7 | 211.92% |
| 2021 | 16.6 | -43.82% |
| 2020 | 29.5 | 39.97% |
| 2019 | 21.1 | -8.05% |
| 2018 | 22.9 | -64.79% |
| 2017 | 65.1 | -19.87% |
| 2016 | 81.2 | -29.21% |
| 2015 | 115 | -363.16% |
| 2014 | -43.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Meta (Facebook) FB | 14.7 | 140.33% | 🇺🇸 USA |
 Sohu.com SOHU | -5.48 | -189.79% | 🇨🇳 China |
 Baidu BIDU | 15.4 | 152.54% | 🇨🇳 China |
 Renren
RENN | 1.08 | -82.34% | 🇨🇳 China |
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.