P/E ratio for The Weir Group (WEIR.L)
P/E ratio at the end of 2022: 21.2
According to The Weir Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2574.07. At the end of 2022 the company had a P/E ratio of 21.2.
P/E ratio history for The Weir Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.2 | 29.92% |
| 2021 | 16.3 | -150.71% |
| 2020 | -32.2 | 221.75% |
| 2019 | -10.0 | -105.77% |
| 2018 | 174 | 538.65% |
| 2017 | 27.2 | -75.15% |
| 2016 | 109 | -1175.44% |
| 2015 | -10.2 | -122.88% |
| 2014 | 44.4 | 322.61% |
| 2013 | 10.5 | 0.81% |
| 2012 | 10.4 | -11.59% |
| 2011 | 11.8 | -29.12% |
| 2010 | 16.6 | 80.53% |
| 2009 | 9.22 | 165.32% |
| 2008 | 3.47 | -43.06% |
| 2007 | 6.10 | -30.44% |
| 2006 | 8.77 | -60.51% |
| 2005 | 22.2 | 122.94% |
| 2004 | 9.97 | 14.78% |
| 2003 | 8.68 | 0.17% |
| 2002 | 8.67 | -52.47% |
| 2001 | 18.2 |
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.