P/E ratio for Newell Brands (NWL)
P/E ratio as of June 2024 (TTM): -5.20
According to Newell Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.20149. At the end of 2022 the company had a P/E ratio of 27.8.
P/E ratio history for Newell Brands from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.8 | 72.02% |
| 2021 | 16.2 | -238.69% |
| 2020 | -11.7 | -115.17% |
| 2019 | 76.9 | -6171% |
| 2018 | -1.27 | -123.15% |
| 2017 | 5.47 | -85.55% |
| 2016 | 37.8 | 11.59% |
| 2015 | 33.9 | 21.96% |
| 2014 | 27.8 | 41.55% |
| 2013 | 19.6 | 20.84% |
| 2012 | 16.3 | -56.72% |
| 2011 | 37.6 | 112.79% |
| 2010 | 17.7 | 19.94% |
| 2009 | 14.7 | -127.08% |
| 2008 | -54.3 | -456.9% |
| 2007 | 15.2 | -26.38% |
| 2006 | 20.7 | -20.87% |
| 2005 | 26.1 | -145.37% |
| 2004 | -57.6 | -57% |
| 2003 | -134 | 235.63% |
| 2002 | -39.9 | -241.86% |
| 2001 | 28.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Clorox CLX | 191 | -3,772.02% | 🇺🇸 USA |
 Helen of Troy HELE | 17.1 | -429.12% | 🇺🇸 USA |
 Tupperware Brands
TUP | -3.82 | -26.55% | 🇺🇸 USA |
 Energizer Holdings
ENR | -8.31 | 59.80% | 🇺🇸 USA |
 Carlisle Companies
CSL | 27.9 | -635.90% | 🇺🇸 USA |
 Acco Brands ACCO | -16.1 | 210.26% | 🇺🇸 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.