P/E ratio for WaFd Bank (WAFD)
P/E ratio as of June 2024 (TTM): 7.40
According to WaFd Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.40054. At the end of 2022 the company had a P/E ratio of 8.74.
P/E ratio history for WaFd Bank from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.74 | -31.69% |
| 2021 | 12.8 | -5.1% |
| 2020 | 13.5 | 2.96% |
| 2019 | 13.1 | 20.55% |
| 2018 | 10.9 | -34.06% |
| 2017 | 16.5 | -10.36% |
| 2016 | 18.4 | 27.96% |
| 2015 | 14.4 | 1.1% |
| 2014 | 14.2 | -8.55% |
| 2013 | 15.5 | 20.57% |
| 2012 | 12.9 | 0.34% |
| 2011 | 12.8 | -8.21% |
| 2010 | 14.0 | -77.59% |
| 2009 | 62.4 | 133.53% |
| 2008 | 26.7 | 94.88% |
| 2007 | 13.7 | -6.21% |
| 2006 | 14.6 | 6.8% |
| 2005 | 13.7 | -11.06% |
| 2004 | 15.4 | 11.52% |
| 2003 | 13.8 | 34.26% |
| 2002 | 10.3 | -11.71% |
| 2001 | 11.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Timberland Bancorp TSBK | 7.37 | -0.39% | 🇺🇸 USA |
 Simply Good Foods SMPL | 27.9 | 276.65% | 🇺🇸 USA |
 Territorial Bancorp
TBNK | 8.60 | 16.18% | 🇺🇸 USA |
 Riverview Bancorp RVSB | 6.05 | -18.28% | 🇺🇸 USA |
 Banc of California BANC | 7.82 | 5.63% | 🇺🇸 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.