P/E ratio for West Holdings (1407.T)
P/E ratio as of April 2024 (TTM): 14.7
According to West Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7332. At the end of 2022 the company had a P/E ratio of 42.5.
P/E ratio history for West Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 42.5 | 3.47% |
| 2021 | 41.1 | 29.78% |
| 2020 | 31.6 | 178.21% |
| 2019 | 11.4 | 16.64% |
| 2018 | 9.75 | -23.81% |
| 2017 | 12.8 | 25.49% |
| 2016 | 10.2 | 97.24% |
| 2015 | 5.17 | -9.81% |
| 2014 | 5.73 | -51.48% |
| 2013 | 11.8 | 33.48% |
| 2012 | 8.85 | -21.85% |
| 2011 | 11.3 | 91.89% |
| 2010 | 5.90 |
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.