Start with its own history
Compare positive annual observations to understand how this company has been priced over time. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · WPPAdvertising AgenciesUpdated Nov 5, 2026
WPP plc P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
N/M
No meaningful positive P/E available.
Share price28.4
÷Earnings per share-1.4892
Price and EPS in quote currency. Calculation details
Zero or negative earnings do not produce a meaningful conventional P/E.
P/E over time
2016 – 2025
Annual P/ESelected-period average 22.95×
3-year average45.92×2 positive annual observations
5-year average31.55×4 positive annual observations
10-year average22.95×8 positive annual observations
Peer median · TTM10.43×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 22 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | N/M | N/M |
| Dec 31, 2024 | 16.55× | -78.0% |
| Dec 31, 2023 | 75.30× | +469.2% |
| Dec 31, 2022 | 13.23× | -37.4% |
| Dec 31, 2021 | 21.12× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 15.68× | +1.9% |
| Dec 31, 2018 | 15.39× | +57.3% |
View all 22 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 9.79× | -40.7% |
| Dec 31, 2016 | 16.51× | -4.9% |
| Dec 31, 2015 | 17.37× | +5.9% |
| Dec 31, 2014 | 16.40× | -14.4% |
| Dec 31, 2013 | 19.17× | +46.8% |
| Dec 31, 2012 | 13.06× | +35.3% |
| Dec 31, 2011 | 9.65× | -38.9% |
| Dec 31, 2010 | 15.79× | -6.7% |
| Dec 31, 2009 | 16.93× | +59.8% |
| Dec 31, 2008 | 10.59× | -34.5% |
| Dec 31, 2007 | 16.17× | -15.7% |
| Dec 31, 2006 | 19.18× | -8.5% |
| Dec 31, 2005 | 20.97× | -8.5% |
| Dec 31, 2004 | 22.92× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How WPP compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 WPP This stockWPP plc | N/M |
 TKCTurkcell Iletisim Hizmetleri A.S. | 10.43× |
 QMMMQMMM Holdings Limited Ordinary Shares | N/M |
 NXSTNexstar Media Group, Inc. | 32.82× |
 PHIPLDT Inc. | 9.00× |
 MSGSMadison Square Garden Sports Corp. | 1015.59× |
 LBTYKLiberty Global plc | N/M |
 TDSTelephone and Data Systems, Inc. | 8.47× |
 DJTTrump Media & Technology Group Corp. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does WPP’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 10.43×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take WPP into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("WPP", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
A conventional P/E is not meaningful when earnings are zero or negative. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
WPP P/E ratio: common questions
The essentials behind the numbers.
WPP plc does not currently have a meaningful positive P/E in the quote data. A zero or negative EPS makes the conventional P/E unsuitable for comparison.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.