Alkaline Water Company
WTER
#10064
Rank
$0.93 M
Marketcap
$0.07000
Share price
12.90%
Change (1 day)
-75.86%
Change (1 year)

P/E ratio for Alkaline Water Company (WTER)

P/E ratio as of November 2024 (TTM): -0.0295

According to Alkaline Water Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0295172. At the end of 2022 the company had a P/E ratio of -0.6891.

P/E ratio history for Alkaline Water Company from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.6891-79.56%
2021-3.37-16.55%
2020-4.048.16%
2019-3.74-73.41%
2018-14.0332.17%
2017-3.2561.95%
2016-2.01173.26%
2015-0.7344-39.05%
2014-1.20-80.17%
2013-6.07

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.7-110,937.75%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4-86,088.85%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-87,149.92%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.