P/E ratio for The Weir Group (WEIR.L)
P/E ratio at the end of 2024: 19.4
According to The Weir Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2309.29. At the end of 2024 the company had a P/E ratio of 19.4.
P/E ratio history for The Weir Group from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 19.4 | -14.4% |
| 2023 | 22.6 | 0.4% |
| 2022 | 22.6 | 30.16% |
| 2021 | 17.3 | -149.01% |
| 2020 | -35.4 | 232.92% |
| 2019 | -10.6 | -105.77% |
| 2018 | 184 | 538.6% |
| 2017 | 28.8 | -75.16% |
| 2016 | 116 | -1176.31% |
| 2015 | -10.8 | -122.88% |
| 2014 | 47.1 | 322.61% |
| 2013 | 11.2 | 0.81% |
| 2012 | 11.1 | -11.41% |
| 2011 | 12.5 | -29.26% |
| 2010 | 17.7 | 80.53% |
| 2009 | 9.78 | 165.32% |
| 2008 | 3.69 | -43.06% |
| 2007 | 6.47 | -30.64% |
| 2006 | 9.33 | -60.28% |
| 2005 | 23.5 | 122.26% |
| 2004 | 10.6 | 14.78% |
| 2003 | 9.21 | 28.77% |
| 2002 | 7.15 | -57.02% |
| 2001 | 16.6 |
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.