P/E ratio for Whitecap Resources (WCP.TO)
P/E ratio as of April 2024 (TTM): 7.01
According to Whitecap Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.00916. At the end of 2022 the company had a P/E ratio of 3.95.
P/E ratio history for Whitecap Resources from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.95 | 47.61% |
| 2021 | 2.68 | -348.79% |
| 2020 | -1.08 | -92.44% |
| 2019 | -14.2 | -152.34% |
| 2018 | 27.2 | -200.24% |
| 2017 | -27.1 | -211.52% |
| 2016 | 24.3 | -553.15% |
| 2015 | -5.37 | -189.13% |
| 2014 | 6.02 | -87.61% |
| 2013 | 48.6 | 152.91% |
| 2012 | 19.2 | -16.53% |
| 2011 | 23.0 | -263.7% |
| 2010 | -14.1 | -0.45% |
| 2009 | -14.1 | -251.94% |
| 2008 | 9.30 | -104.27% |
| 2007 | -218 | 331.49% |
| 2006 | -50.5 | -176.01% |
| 2005 | 66.4 | -616.01% |
| 2004 | -12.9 | -82.44% |
| 2003 | -73.3 | 836.78% |
| 2002 | -7.82 |
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.