P/E ratio for Wizz Air (WIZZ.L)
P/E ratio as of April 2024 (TTM): -486
According to Wizz Air's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -486.473. At the end of 2022 the company had a P/E ratio of -3.75.
P/E ratio history for Wizz Air from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.75 | -52.36% |
| 2021 | -7.86 | -20.06% |
| 2020 | -9.83 | -190.85% |
| 2019 | 10.8 | -21.12% |
| 2018 | 13.7 | 30.06% |
| 2017 | 10.6 | 159.93% |
| 2016 | 4.06 | -34.4% |
| 2015 | 6.19 |
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.