P/E ratio for Westports (5246.KL)
P/E ratio as of June 2025 (TTM): 20.3
According to Westports's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2936. At the end of 2024 the company had a P/E ratio of 17.7.
P/E ratio history for Westports from 2014 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 17.7 | 10.76% |
| 2023 | 16.0 | -13.78% |
| 2022 | 18.5 | 8.47% |
| 2021 | 17.1 | -23.77% |
| 2020 | 22.4 | -7.76% |
| 2019 | 24.3 |
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.