Wesfarmers
WES.AX
#366
Rank
$53.41 B
Marketcap
$47.07
Share price
-0.75%
Change (1 day)
40.96%
Change (1 year)

P/E ratio for Wesfarmers (WES.AX)

P/E ratio at the end of 2022: 20.2

According to Wesfarmers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.9022. At the end of 2022 the company had a P/E ratio of 20.2.

P/E ratio history for Wesfarmers from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.2-19.91%
202125.2-12.4%
202028.8303.19%
20197.15-76.48%
201830.4203.3%
201710.0-85.82%
201670.7527.91%
201511.324.22%
20149.06-12.9%
201310.436.11%
20127.64-9.55%
20118.45-30.69%
201012.248.4%
20098.22-17%
20089.90-18.78%
200712.253.31%
20067.95-56.17%
200518.196.17%
20049.24-30.32%
200313.3-24.22%
200217.5-15.85%
200120.8

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.