WiseTech Global
WTC.AX
#1278
Rank
$11.83 B
Marketcap
$36.19
Share price
1.23%
Change (1 day)
-4.59%
Change (1 year)

P/E ratio for WiseTech Global (WTC.AX)

P/E ratio at the end of 2021: 95.9

According to WiseTech Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 144.523. At the end of 2021 the company had a P/E ratio of 95.9.

P/E ratio history for WiseTech Global from 2016 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202195.9143.79%
202039.3-75.99%
201916445.43%
201811374.43%
201764.6-88.26%
2016550

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.