Westshore Terminals Investment
WTE.TO
#5468
Rank
$1.04 B
Marketcap
$16.89
Share price
0.64%
Change (1 day)
-5.17%
Change (1 year)

P/E ratio for Westshore Terminals Investment (WTE.TO)

P/E ratio as of November 2024 (TTM): 18.3

According to Westshore Terminals Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3251. At the end of 2022 the company had a P/E ratio of 21.2.

P/E ratio history for Westshore Terminals Investment from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.234.13%
202115.897.33%
20207.99-11.82%
20199.07-22.46%
201811.7-32.84%
201717.48.94%
201616.0182.59%
20155.66-68.53%
201418.0-6.01%
201319.1-39.62%
201231.7-19.73%
201139.4-203.34%
2010-38.2-485.2%
20099.9173.63%
20085.71-69.16%
200718.546.6%
200612.669.35%
20057.45-59.24%
200418.3104.61%
20038.94

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.