Wolfspeed
WOLF
#3331
Rank
$3.18 B
Marketcap
$25.28
Share price
-0.67%
Change (1 day)
-65.15%
Change (1 year)

P/E ratio for Wolfspeed (WOLF)

P/E ratio as of February 2024 (TTM): -4.47

According to Wolfspeed's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.46643. At the end of 2022 the company had a P/E ratio of -56.6.

P/E ratio history for Wolfspeed from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-56.685.31%
2021-30.5-31.94%
2020-44.9319.52%
2019-10.7-28.55%
2018-15.0-54.04%
2017-32.6-95.8%
2016-7762632.6%
2015-28.4-159.77%
201447.5-26.25%
201364.4-8.05%
201270.078.15%
201139.313.73%
201034.6-58.19%
200982.782.32%
200845.3-4.26%
200747.4137.9%
200619.9-15.6%
200523.6-27.61%
200432.634.47%
200324.2-260.07%
2002-15.1-93.32%
2001-227

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.