According to WEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.762. At the end of 2022 the company had a P/E ratio of 36.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 36.2 | |
2020 | -37.1 | -140.53% |
2019 | 91.5 | 154.69% |
2018 | 35.9 | -5.03% |
2017 | 37.8 | -49.18% |
2016 | 74.4 | 121.35% |
2015 | 33.6 | 77.03% |
2014 | 19.0 | -26.76% |
2013 | 25.9 | -14.01% |
2012 | 30.1 | 91.06% |
2011 | 15.8 | -22.13% |
2010 | 20.3 | 132.16% |
2009 | 8.73 | 127.23% |
2008 | 3.84 | -85.39% |
2007 | 26.3 | 55.19% |
2006 | 16.9 | -64.58% |
2005 | 47.8 |
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.