P/E ratio for Wizz Air (WIZZ.L)
P/E ratio as of June 2023 (TTM): -461
According to Wizz Air's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -460.596. At the end of 2022 the company had a P/E ratio of -4.95.
P/E ratio history for Wizz Air from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.95 | -35.53% |
| 2021 | -7.68 | -223.39% |
| 2020 | 6.22 | -19.78% |
| 2019 | 7.76 | -3.14% |
| 2018 | 8.01 | 86.25% |
| 2017 | 4.30 | -21.92% |
| 2016 | 5.51 | 425.51% |
| 2015 | 1.05 |
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.