P/E ratio for Wesdome Gold Mines (WDO.TO)
P/E ratio as of May 2024 (TTM): -123
According to Wesdome Gold Mines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -122.525. At the end of 2022 the company had a P/E ratio of -74.8.
P/E ratio history for Wesdome Gold Mines from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -74.8 | -710.88% |
| 2021 | 12.2 | -58.49% |
| 2020 | 29.5 | -12.98% |
| 2019 | 33.9 | -15.82% |
| 2018 | 40.3 | -57.61% |
| 2017 | 95.0 | 127.27% |
| 2016 | 41.8 | -264.57% |
| 2015 | -25.4 | -323.52% |
| 2014 | 11.4 | -177.18% |
| 2013 | -14.7 | 644.87% |
| 2012 | -1.98 | -98.68% |
| 2011 | -150 | -375.74% |
| 2010 | 54.4 | 680.52% |
| 2009 | 6.97 | -45.45% |
| 2008 | 12.8 | -235.52% |
| 2007 | -9.43 | -53.7% |
| 2006 | -20.4 | 392.59% |
| 2005 | -4.13 | -88.44% |
| 2004 | -35.8 | -83.62% |
| 2003 | -218 | -32.09% |
| 2002 | -322 | 457.31% |
| 2001 | -57.7 |
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.