P/E ratio for Winpak (WPK.TO)
P/E ratio as of April 2024 (TTM): 14.7
According to Winpak's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6982. At the end of 2022 the company had a P/E ratio of 15.8.
P/E ratio history for Winpak from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.8 | -13.42% |
| 2021 | 18.2 | -10.98% |
| 2020 | 20.5 | 0.76% |
| 2019 | 20.3 | -2.6% |
| 2018 | 20.9 | 3.21% |
| 2017 | 20.2 | -3.73% |
| 2016 | 21.0 | -2.17% |
| 2015 | 21.5 | -10% |
| 2014 | 23.9 | 24.34% |
| 2013 | 19.2 | 42.24% |
| 2012 | 13.5 | 12.43% |
| 2011 | 12.0 | -22% |
| 2010 | 15.4 | 20.25% |
| 2009 | 12.8 | -5.58% |
| 2008 | 13.5 | -30.13% |
| 2007 | 19.4 | 6.69% |
| 2006 | 18.2 | -30.73% |
| 2005 | 26.2 | 17.4% |
| 2004 | 22.3 | 3.41% |
| 2003 | 21.6 | 3.93% |
| 2002 | 20.8 | -5.41% |
| 2001 | 22.0 |
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.