Newell Brands
NWL
#3234
Rank
A$5.57 B
Marketcap
$13.40
Share price
-0.11%
Change (1 day)
26.62%
Change (1 year)
Newell Brands is a company from the United States that produces and sells various types of consumer goods and housewares under the brand names Sharpie, Paper Mate, DYMO, EXPO, Waterman, Parker, Rolodex, BernzOmatic, Rubbermaid, Graco, Calphalon, Goody.

P/E ratio for Newell Brands (NWL)

P/E ratio as of November 2024 (TTM): -6.60

According to Newell Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.59701. 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
202227.872.02%
202116.2-238.69%
2020-11.7-115.17%
201976.9-6171%
2018-1.27-123.15%
20175.47-85.55%
201637.811.59%
201533.921.96%
201427.841.55%
201319.620.84%
201216.3-56.72%
201137.6112.79%
201017.719.94%
200914.7-127.08%
2008-54.3-456.9%
200715.2-26.38%
200620.7-20.87%
200526.1-145.37%
2004-57.6-57%
2003-134235.63%
2002-39.9-241.86%
200128.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.31-80.18%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-271.31%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.1 174.68%๐Ÿ‡บ๐Ÿ‡ธ USA
232-3,624.11%๐Ÿ‡บ๐Ÿ‡ธ USA
29.1-541.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.54 44.54%๐Ÿ‡บ๐Ÿ‡ธ 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.