National Western Life
NWLI
#4231
Rank
$1.59 B
Marketcap
$440.00
Share price
-0.16%
Change (1 day)
115.32%
Change (1 year)

P/E ratio for National Western Life (NWLI)

P/E ratio as of September 2023 (TTM): 20.5

According to National Western Life's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4786. At the end of 2018 the company had a P/E ratio of 9.11.

P/E ratio history for National Western Life from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20189.11-14.08%
201710.6-4.2%
201611.117.87%
20159.39-1.34%
20149.519.16%
20138.7239.46%
20126.25-27.76%
20118.65

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.88-109.18%๐Ÿ‡บ๐Ÿ‡ธ USA
8.77-57.19%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-24.34%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
15.4-24.80%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.