WuXi AppTec
2359.HK
#449
Rank
$40.30 B
Marketcap
$12.97
Share price
-1.94%
Change (1 day)
-9.17%
Change (1 year)

P/E ratio for WuXi AppTec (2359.HK)

P/E ratio as of February 2023 (TTM): 59.8

According to WuXi AppTec 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.7594. At the end of 2021 the company had a P/E ratio of 60.4.

P/E ratio history for WuXi AppTec from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202160.4-48.86%
202011856.59%
201975.4180.78%
201826.8

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.