Tradeweb
TW
#776
Rank
NZ$42.32 B
Marketcap
$193.90
Share price
0.96%
Change (1 day)
36.77%
Change (1 year)

P/E ratio for Tradeweb (TW)

P/E ratio as of September 2024 (TTM): 68.3

According to Tradeweb's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 68.2874. At the end of 2022 the company had a P/E ratio of 43.0.

P/E ratio history for Tradeweb from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202243.0-51.91%
202189.431.72%
202067.932.28%
201951.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.7-75.54%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9-73.81%๐Ÿ‡บ๐Ÿ‡ธ USA
29.9-56.20%๐Ÿ‡บ๐Ÿ‡ธ USA
21.5-68.48%๐Ÿ‡บ๐Ÿ‡ธ USA
70.0 2.53%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-76.25%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-80.13%๐Ÿ‡บ๐Ÿ‡ธ USA
32.7-52.18%๐Ÿ‡บ๐Ÿ‡ธ USA
5.28-92.26%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6-59.60%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.