P/E ratio for Westshore Terminals Investment (WTE.TO)
P/E ratio as of April 2024 (TTM): 20.6
According to Westshore Terminals Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.556. 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 |
|---|---|---|
| 2022 | 21.2 | 34.13% |
| 2021 | 15.8 | 97.33% |
| 2020 | 7.99 | -11.82% |
| 2019 | 9.07 | -22.46% |
| 2018 | 11.7 | -32.84% |
| 2017 | 17.4 | 8.94% |
| 2016 | 16.0 | 182.59% |
| 2015 | 5.66 | -68.53% |
| 2014 | 18.0 | -6.01% |
| 2013 | 19.1 | -39.62% |
| 2012 | 31.7 | -19.73% |
| 2011 | 39.4 | -203.34% |
| 2010 | -38.2 | -485.2% |
| 2009 | 9.91 | 73.63% |
| 2008 | 5.71 | -69.16% |
| 2007 | 18.5 | 46.6% |
| 2006 | 12.6 | 69.35% |
| 2005 | 7.45 | -59.24% |
| 2004 | 18.3 | 104.61% |
| 2003 | 8.94 |
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.