Wizz Air
WIZZ.L
#3575
Rank
$2.84 B
Marketcap
Jersey
Country
$27.52
Share price
10.50%
Change (1 day)
-24.12%
Change (1 year)

P/E ratio for Wizz Air (WIZZ.L)

P/E ratio as of May 2024 (TTM): -508

According to Wizz Air's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -508.081. 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%
201910.8-21.12%
201813.730.06%
201710.6159.93%
20164.06-34.4%
20156.19

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.