P/E ratio for Westport Fuel Systems (WPRT)
P/E ratio as of May 2024 (TTM): -1.70
According to Westport Fuel Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.69707. At the end of 2022 the company had a P/E ratio of -0.4096.
P/E ratio history for Westport Fuel Systems from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.4096 | -117.28% |
| 2021 | 2.37 | -122.23% |
| 2020 | -10.7 | -121.91% |
| 2019 | 48.7 | -8879.18% |
| 2018 | -0.5542 | -88.21% |
| 2017 | -4.70 | 4350.44% |
| 2016 | -0.1056 | -18.56% |
| 2015 | -0.1297 | -18.86% |
| 2014 | -0.1598 | -73.84% |
| 2013 | -0.6109 | -58.14% |
| 2012 | -1.46 | -56.09% |
| 2011 | -3.32 | 77.69% |
| 2010 | -1.87 | 69.55% |
| 2009 | -1.10 | 107.74% |
| 2008 | -0.5311 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 10.6 | -725.24% | 🇺🇸 USA |
 Caterpillar CAT | 18.7 | -1,199.06% | 🇺🇸 USA |
 Cummins
CMI | 14.4 | -946.51% | 🇺🇸 USA |
 General Motors GM | 6.22 | -466.49% | 🇺🇸 USA |
 Paccar PCAR | 13.6 | -899.25% | 🇺🇸 USA |
 Ford F | 7.92 | -566.81% | 🇺🇸 USA |
 Magna International MGA | 14.7 | -963.61% | 🇨🇦 Canada |
 Tenneco TEN | -7.01 | 313.30% | 🇺🇸 USA |
 Tata Motors TATAMOTORS.NS | 505 | -29,872.20% | 🇮🇳 India |
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.