P/E ratio for Widam Food Company (WDAM.QA)
P/E ratio as of May 2024 (TTM): 116
According to Widam Food Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 115.78. At the end of 2022 the company had a P/E ratio of -5.98.
P/E ratio history for Widam Food Company from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.98 | -38.47% |
| 2021 | -9.71 | -142.63% |
| 2020 | 22.8 | 47.44% |
| 2019 | 15.5 | 34.84% |
| 2018 | 11.5 | 10.03% |
| 2017 | 10.4 | -22.33% |
| 2016 | 13.4 | 0.99% |
| 2015 | 13.3 | -32.6% |
| 2014 | 19.7 | 16.92% |
| 2013 | 16.9 | 18.91% |
| 2012 | 14.2 | 58.86% |
| 2011 | 8.92 | 7.29% |
| 2010 | 8.32 |
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.