P/E ratio for Clearwater Paper (CLW)
P/E ratio as of April 2024 (TTM): 7.94
According to Clearwater Paper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.94235. At the end of 2022 the company had a P/E ratio of 13.8.
P/E ratio history for Clearwater Paper from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.8 | -163.22% |
| 2021 | -21.8 | -368.29% |
| 2020 | 8.14 | -112.95% |
| 2019 | -62.8 | 2147.93% |
| 2018 | -2.79 | -136.44% |
| 2017 | 7.67 | -66.31% |
| 2016 | 22.8 | 49.47% |
| 2015 | 15.2 | -103.55% |
| 2014 | -428 | -4172.2% |
| 2013 | 10.5 | -25.85% |
| 2012 | 14.2 | -30.87% |
| 2011 | 20.5 | 68.81% |
| 2010 | 12.2 | 255.22% |
| 2009 | 3.42 | -64.51% |
| 2008 | 9.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 International Paper
IP | 45.3 | 470.33% | 🇺🇸 USA |
 Kimberly-Clark KMB | 26.1 | 229.07% | 🇺🇸 USA |
 Packaging Corporation of America
PKG | 19.6 | 146.98% | 🇺🇸 USA |
 WPP WPP | N/A | N/A | 🇬🇧 UK |
 Glatfelter
GLT | -0.4933 | -106.21% | 🇺🇸 USA |
 Verso Corporation
VRS | -22.9 | -387.99% | 🇺🇸 USA |
 Neenah NP | -19.5 | -345.67% | 🇺🇸 USA |
 Rocket Companies
RKT | -71.8 | -1,003.57% | 🇺🇸 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.