P/E ratio for The Weir Group (WEIR.L)
P/E ratio at the end of 2022: 20.8
According to The Weir Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2508.18. At the end of 2022 the company had a P/E ratio of 20.8.
P/E ratio history for The Weir Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.8 | 29.92% |
| 2021 | 16.0 | -150.71% |
| 2020 | -31.6 | 221.75% |
| 2019 | -9.82 | -105.77% |
| 2018 | 170 | 538.65% |
| 2017 | 26.7 | -75.15% |
| 2016 | 107 | -1175.44% |
| 2015 | -9.98 | -122.88% |
| 2014 | 43.6 | 322.61% |
| 2013 | 10.3 | 0.81% |
| 2012 | 10.2 | -11.59% |
| 2011 | 11.6 | -29.12% |
| 2010 | 16.3 | 80.53% |
| 2009 | 9.05 | 165.32% |
| 2008 | 3.41 | -43.06% |
| 2007 | 5.99 | -30.44% |
| 2006 | 8.61 | -60.51% |
| 2005 | 21.8 | 122.94% |
| 2004 | 9.78 | 14.78% |
| 2003 | 8.52 | 0.17% |
| 2002 | 8.51 | -52.47% |
| 2001 | 17.9 |
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.