P/E ratio for WH Smith (SMWH.L)
P/E ratio at the end of 2022: 43.5
According to WH Smith's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 43.5.
P/E ratio history for WH Smith from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 43.5 | -281.99% |
| 2021 | -23.9 | 313.05% |
| 2020 | -5.79 | -126.88% |
| 2019 | 21.5 | 2.25% |
| 2018 | 21.1 | 17.49% |
| 2017 | 17.9 | 12.51% |
| 2016 | 15.9 | 9.61% |
| 2015 | 14.5 | 23.47% |
| 2014 | 11.8 | 9.11% |
| 2013 | 10.8 | 35.14% |
| 2012 | 7.98 | 6.28% |
| 2011 | 7.51 | 1.85% |
| 2010 | 7.37 | -12.31% |
| 2009 | 8.41 | 6.85% |
| 2008 | 7.87 | 4.38% |
| 2007 | 7.54 | -36.48% |
| 2006 | 11.9 | -36.83% |
| 2005 | 18.8 |
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.