Wesfarmers
WES.AX
#369
Rank
$53.38 B
Marketcap
$47.05
Share price
-0.44%
Change (1 day)
41.41%
Change (1 year)

P/E ratio for Wesfarmers (WES.AX)

P/E ratio at the end of 2022: 20.1

According to Wesfarmers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.9339. At the end of 2022 the company had a P/E ratio of 20.1.

P/E ratio history for Wesfarmers from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.1-19.91%
202125.1-12.4%
202028.7303.19%
20197.11-76.48%
201830.2203.3%
20179.97-85.82%
201670.3527.91%
201511.224.22%
20149.02-12.9%
201310.436.11%
20127.61-9.55%
20118.41-30.69%
201012.148.4%
20098.18-17%
20089.85-18.78%
200712.153.31%
20067.91-56.17%
200518.196.17%
20049.20-30.32%
200313.2-24.22%
200217.4-15.85%
200120.7

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.