Petco
WOOF
#5216
Rank
$0.97 B
Marketcap
$3.58
Share price
12.93%
Change (1 day)
-55.36%
Change (1 year)

P/E ratio for Petco (WOOF)

P/E ratio as of May 2024 (TTM): 27.5

According to Petco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.5385. At the end of 2022 the company had a P/E ratio of 29.6.

P/E ratio history for Petco from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.6-28.15%
202141.2-112.84%
2020-321

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.8-24.51%๐Ÿ‡บ๐Ÿ‡ธ USA
52.1 89.26%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-60.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-62.2-325.76%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.