WEX
WEX
#2190
Rank
$7.04 B
Marketcap
$177.17
Share price
-2.07%
Change (1 day)
0.99%
Change (1 year)
WEX Inc. is a provider of payment processing and information management services to the American vehicle fleet industry.

P/E ratio for WEX (WEX)

P/E ratio as of November 2024 (TTM): 28.2

According to WEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.184. At the end of 2022 the company had a P/E ratio of 36.2.

P/E ratio history for WEX from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202236.2
2020-37.1-140.53%
201991.5154.69%
201835.9-5.03%
201737.8-49.18%
201674.4121.35%
201533.677.03%
201419.0-26.76%
201325.9-14.01%
201230.191.06%
201115.8-22.13%
201020.3132.16%
20098.73127.23%
20083.84-85.39%
200726.355.19%
200616.9-64.58%
200547.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.2-35.39%๐Ÿ‡บ๐Ÿ‡ธ USA
34.6 22.78%๐Ÿ‡บ๐Ÿ‡ธ USA
5.46-80.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.21-107.84%๐Ÿ‡บ๐Ÿ‡ธ USA
45.2 60.54%๐Ÿ‡บ๐Ÿ‡ธ USA
37.2 31.98%๐Ÿ‡บ๐Ÿ‡ธ USA
24.1-14.40%๐Ÿ‡บ๐Ÿ‡ธ USA
31.4 11.41%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.