P/E ratio for Smith & Wesson (SWBI)
P/E ratio as of April 2024 (TTM): 21.3
According to Smith & Wesson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3312. At the end of 2022 the company had a P/E ratio of 5.05.
P/E ratio history for Smith & Wesson from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.05 | 55.93% |
| 2021 | 3.24 | -87.24% |
| 2020 | 25.4 | -78.67% |
| 2019 | 119 | 633.64% |
| 2018 | 16.2 | 80.61% |
| 2017 | 8.97 | 31.24% |
| 2016 | 6.84 | -57.11% |
| 2015 | 15.9 | 158.38% |
| 2014 | 6.17 | -22.66% |
| 2013 | 7.98 | 4.51% |
| 2012 | 7.63 | -298.13% |
| 2011 | -3.85 | -41.04% |
| 2010 | -6.53 | -239.24% |
| 2009 | 4.69 | -508.76% |
| 2008 | -1.15 | -108.81% |
| 2007 | 13.0 | -50.84% |
| 2006 | 26.5 | 40.32% |
| 2005 | 18.9 | 40.36% |
| 2004 | 13.5 | 496.37% |
| 2003 | 2.26 | -177.22% |
| 2002 | -2.92 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Smith & Wesson SWBI | 21.3 | 0.00% | 🇺🇸 USA |
 Sturm, Ruger & Co RGR | 14.5 | -32.21% | 🇺🇸 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.