P/E ratio for West Coast Paper Mills (WSTCSTPAPR.NS)
P/E ratio as of April 2024 (TTM): 4.10
According to West Coast Paper Mills's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.103. At the end of 2022 the company had a P/E ratio of 4.39.
P/E ratio history for West Coast Paper Mills from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.39 | -27.43% |
| 2021 | 6.05 | -78.57% |
| 2020 | 28.2 | 501.41% |
| 2019 | 4.69 | -27.07% |
| 2018 | 6.43 | -39.66% |
| 2017 | 10.7 | 5.19% |
| 2016 | 10.1 | -165.73% |
| 2015 | -15.4 | -247.17% |
| 2014 | 10.5 | 59.79% |
| 2013 | 6.56 |
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.