P/E ratio for Worley (WOR.AX)
P/E ratio at the end of 2022: 44.1
According to Worley's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 44.1.
P/E ratio history for Worley from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.1 | -40.86% |
| 2021 | 74.6 | 192.18% |
| 2020 | 25.5 | -38.45% |
| 2019 | 41.5 | -43.4% |
| 2018 | 73.3 | -12.8% |
| 2017 | 84.1 | 14.8% |
| 2016 | 73.3 | -263.79% |
| 2015 | -44.7 | -358.6% |
| 2014 | 17.3 | 18.27% |
| 2013 | 14.6 | -16.27% |
| 2012 | 17.5 | -6.49% |
| 2011 | 18.7 | 0.06% |
| 2010 | 18.7 | 30.01% |
| 2009 | 14.4 | -46.16% |
| 2008 | 26.7 | -20.16% |
| 2007 | 33.4 | 16.11% |
| 2006 | 28.8 | 19.03% |
| 2005 | 24.2 | 70.49% |
| 2004 | 14.2 | 25.77% |
| 2003 | 11.3 |
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.