P/E ratio for Newell Brands (NWL)
P/E ratio as of March 2023 (TTM): 23.0
According to Newell Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9608. At the end of 2021 the company had a P/E ratio of 16.2.
P/E ratio history for Newell Brands from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.2 | -238.69% |
| 2020 | -11.7 | -115.17% |
| 2019 | 76.9 | -5997.3% |
| 2018 | -1.30 | -123.84% |
| 2017 | 5.47 | -93.14% |
| 2016 | 79.7 | |
| 2014 | 27.8 | 41.55% |
| 2013 | 19.6 | 20.84% |
| 2012 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Clorox CLX | 44.6 | 94.43% | 🇺🇸 USA |
 Helen of Troy HELE | 14.5 | -36.72% | 🇺🇸 USA |
 Tupperware Brands
TUP | -5.94 | -125.89% | 🇺🇸 USA |
 Energizer Holdings
ENR | -9.84 | -142.85% | 🇺🇸 USA |
 Carlisle Companies
CSL | 12.3 | -46.51% | 🇺🇸 USA |
 Acco Brands ACCO | -34.4 | -249.68% | 🇺🇸 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.