P/E ratio for WEX (WEX)
P/E ratio as of April 2023 (TTM): 40.7
According to WEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.7146. At the end of 2020 the company had a P/E ratio of -37.1.
P/E ratio history for WEX from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | -37.1 | -140.53% |
| 2019 | 91.5 | 152.08% |
| 2018 | 36.3 | -4.04% |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 31.5 | -22.56% | 🇺🇸 USA |
 Mastercard MA | 35.5 | -12.92% | 🇺🇸 USA |
 Fidelity National Information Services FIS | 40.9 | 0.46% | 🇺🇸 USA |
 Fleetcor FLT | 16.7 | -59.01% | 🇺🇸 USA |
 Global Payments GPN | 234 | 474.02% | 🇺🇸 USA |
 Western Union WU | 4.73 | -88.37% | 🇺🇸 USA |
 MoneyGram MGI | 29.8 | -26.91% | 🇺🇸 USA |
 Euronet Worldwide
EEFT | 24.1 | -40.86% | 🇺🇸 USA |
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.