W&T Offshore
WTI
#4824
Rank
$0.91 B
Marketcap
$6.36
Share price
-2.15%
Change (1 day)
51.43%
Change (1 year)

P/E ratio for W&T Offshore (WTI)

P/E ratio as of January 2023 (TTM): 3.88

According to W&T Offshore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.87805. At the end of 2021 the company had a P/E ratio of -10.8.

P/E ratio history for W&T Offshore from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-10.8-233.96%
20208.04-26.28%
201910.9355.13%
20182.40-60.2%
20176.02-853.9%
2016-0.7983375.51%
2015-0.1679-99.66%
2014-48.9-304.91%
201323.938.55%
201217.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.62-6.63%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
2.16-44.27%๐Ÿ‡บ๐Ÿ‡ธ USA

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.