P/E ratio for Wielton (WLT.WA)
P/E ratio as of May 2024 (TTM): 7.63
According to Wielton's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.63144. At the end of 2022 the company had a P/E ratio of 3.77.
P/E ratio history for Wielton from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.77 | -67.32% |
| 2021 | 11.5 | -11.11% |
| 2020 | 13.0 | 107.09% |
| 2019 | 6.27 | -27.32% |
| 2018 | 8.62 | -23.48% |
| 2017 | 11.3 | -22.59% |
| 2016 | 14.6 | 13.25% |
| 2015 | 12.9 | 31.46% |
| 2014 | 9.78 | -37.63% |
| 2013 | 15.7 | 40.21% |
| 2012 | 11.2 |
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.