Webjet Limited
WEB.AX
#5535
Rank
โ‚ฌ0.83 B
Marketcap
2,31ย โ‚ฌ
Share price
2.50%
Change (1 day)
-52.84%
Change (1 year)

P/E ratio for Webjet Limited (WEB.AX)

P/E ratio at the end of 2024: 41.8

According to Webjet Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5625. At the end of 2024 the company had a P/E ratio of 41.8.

P/E ratio history for Webjet Limited from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202441.8-74.49%
2023164-898.18%
2022-20.5
2020-3.40-113.86%
201924.6-18.84%
201830.364.18%
201718.4-8.61%
201620.289.98%
201510.663.52%
20146.49-80.44%
201333.2215.38%
201210.533.82%
20117.87-19.77%
20109.811.04%
20099.7053.94%
20086.30-64.99%
200718.0-25.19%
200624.126%
200519.1-552.56%
2004-4.2258.68%
2003-2.66-68.01%
2002-8.31182.26%
2001-2.95

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.