Weyco Group
WEYS
#7248
Rank
โ‚น29.09 B
Marketcap
โ‚น3,044
Share price
2.13%
Change (1 day)
29.36%
Change (1 year)
Categories

P/E ratio for Weyco Group (WEYS)

P/E ratio as of November 2024 (TTM): 10.2

According to Weyco Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2314. At the end of 2022 the company had a P/E ratio of 6.85.

P/E ratio history for Weyco Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.85-39.07%
202111.2-161.73%
2020-18.2-245.24%
201912.5-13.62%
201814.5-21.38%
201718.5-7.41%
201619.925.91%
201515.8-6.07%
201416.9-6.63%
201318.135.26%
201213.3-24.97%
201117.8-12.83%
201020.4-1.58%
200920.7-6.51%
200822.259.7%
200713.95.07%
200613.216.26%
200511.4-6.76%
200412.29.19%
200311.214.21%
20029.78-4.34%
200110.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.6 71.93%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.46-163.15%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4 89.55%๐Ÿ‡บ๐Ÿ‡ธ USA
9.27-9.35%๐Ÿ‡บ๐Ÿ‡ธ USA
7.76-24.15%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.