P/E ratio for WSP Global (WSP.TO)
P/E ratio as of April 2024 (TTM): 51.0
According to WSP Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.0499. At the end of 2022 the company had a P/E ratio of 43.8.
P/E ratio history for WSP Global from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 43.8 | -3.25% |
| 2021 | 45.2 | -6.61% |
| 2020 | 48.4 | 48.56% |
| 2019 | 32.6 | 32.24% |
| 2018 | 24.7 | -14.41% |
| 2017 | 28.8 | 26.97% |
| 2016 | 22.7 | 9.4% |
| 2015 | 20.7 | -38.14% |
| 2014 | 33.5 | 48.31% |
| 2013 | 22.6 |
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.