P/E ratio for Clearwater Paper (CLW)
P/E ratio as of September 2023 (TTM): 8.75
According to Clearwater Paper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.74877. At the end of 2021 the company had a P/E ratio of -21.8.
P/E ratio history for Clearwater Paper from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -21.8 | |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 International Paper
IP | 11.8 | 34.70% | 🇺🇸 USA |
 Kimberly-Clark KMB | 25.4 | 190.53% | 🇺🇸 USA |
 Packaging Corporation of America
PKG | 15.7 | 79.42% | 🇺🇸 USA |
 WPP WPP | N/A | N/A | 🇬🇧 UK |
 Glatfelter
GLT | -0.6667 | -107.62% | 🇺🇸 USA |
 Verso Corporation
VRS | -22.9 | -361.44% | 🇺🇸 USA |
 Neenah NP | -19.5 | -323.03% | 🇺🇸 USA |
 Rocket Companies
RKT | -47.8 | -646.63% | 🇺🇸 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.