Western Digital
WDC
#908
Rank
โ‚ฌ20.61 B
Marketcap
59,64ย โ‚ฌ
Share price
-0.66%
Change (1 day)
40.69%
Change (1 year)
Western Digital Corporation is an American manufacturer of hard disk drives and digital storage products.

P/E ratio for Western Digital (WDC)

P/E ratio as of November 2024 (TTM): -8.15

According to Western Digital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.14621. At the end of 2022 the company had a P/E ratio of -117.

P/E ratio history for Western Digital from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-117-1255.8%
202110.1-89.96%
2020101-744.21%
2019-15.6-218.4%
201813.2-77.59%
201758.9-228.31%
2016-45.9-476.17%
201512.2-25.8%
201416.4-12.95%
201318.9278.46%
20124.99-52.25%
201110.545.58%
20107.18-30.37%
200910.3190.09%
20083.56-62.1%
20079.38-4.62%
20069.84-29.7%
200514.01.97%
200413.7-11.55%
200315.562.66%
20029.54-122.82%
2001-41.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.9-356.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-27.0 231.89%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
15.7-292.67%๐Ÿ‡บ๐Ÿ‡ธ USA
1.55-119.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.51-20.11%๐Ÿ‡บ๐Ÿ‡ธ USA
50.7-722.29%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.