P/E ratio for Wonderla Holidays (WONDERLA.NS)
P/E ratio as of May 2024 (TTM): 32.2
According to Wonderla Holidays's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.2408. At the end of 2022 the company had a P/E ratio of 15.8.
P/E ratio history for Wonderla Holidays from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.8 | -130.98% |
| 2021 | -51.0 | 91.43% |
| 2020 | -26.6 | -235.23% |
| 2019 | 19.7 | -32.56% |
| 2018 | 29.2 | 282.83% |
| 2017 | 7.63 | -84.86% |
| 2016 | 50.4 | 31.59% |
| 2015 | 38.3 | 22.99% |
| 2014 | 31.1 |
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.