Wesfarmers
WES.AX
#399
Rank
A$81.14 B
Marketcap
$71.49
Share price
-1.31%
Change (1 day)
8.20%
Change (1 year)

P/E ratio for Wesfarmers (WES.AX)

P/E ratio at the end of 2022: 18.8

According to Wesfarmers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.3606. At the end of 2022 the company had a P/E ratio of 18.8.

P/E ratio history for Wesfarmers from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202218.8-19.91%
202123.5-12.4%
202026.8303.19%
20196.66-76.48%
201828.3203.3%
20179.33-85.82%
201665.8527.91%
201510.524.22%
20148.44-12.9%
20139.6936.11%
20127.12-9.55%
20117.87-30.69%
201011.448.4%
20097.65-17%
20089.22-18.78%
200711.353.31%
20067.40-56.17%
200516.996.17%
20048.61-30.32%
200312.4-24.22%
200216.3-15.85%
200119.4

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.