P/E ratio for Western Copper and Gold (WRN)
P/E ratio as of May 2024 (TTM): -57.1
According to Western Copper and Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -57.1009. At the end of 2022 the company had a P/E ratio of -67.0.
P/E ratio history for Western Copper and Gold from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -67.0 | 36.01% |
| 2021 | -49.2 | -17.83% |
| 2020 | -59.9 | 40.97% |
| 2019 | -42.5 | 188.05% |
| 2018 | -14.8 | -54.46% |
| 2017 | -32.4 | -58.02% |
| 2016 | -77.2 | 449.54% |
| 2015 | -14.0 | -61.64% |
| 2014 | -36.6 | -49.27% |
| 2013 | -72.2 | 103.74% |
| 2012 | -35.4 | 465.05% |
| 2011 | -6.27 | -99.9% |
| 2010 | < -1000 | 10423.62% |
| 2009 | -59.1 | 1056.91% |
| 2008 | -5.11 | -78.74% |
| 2007 | -24.0 | 25.03% |
| 2006 | -19.2 |
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.