P/E ratio for Tradeweb (TW)
P/E ratio as of December 2023 (TTM): 55.7
According to Tradeweb's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.6897. 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 |
|---|---|---|
| 2022 | 43.0 | -51.91% |
| 2021 | 89.4 | 31.72% |
| 2020 | 67.9 | 32.28% |
| 2019 | 51.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Automatic Data Processing ADP | 27.2 | -51.14% | 🇺🇸 USA |
 Equifax EFX | 51.2 | -8.02% | 🇺🇸 USA |
 Paychex PAYX | 27.5 | -50.56% | 🇺🇸 USA |
 Barrett Business Services BBSI | 15.6 | -71.92% | 🇺🇸 USA |
 ManpowerGroup MAN | 16.9 | -69.71% | 🇺🇸 USA |
 Heidrick & Struggles
HSII | 9.74 | -82.51% | 🇺🇸 USA |
 TriNet TNET | 19.3 | -65.42% | 🇺🇸 USA |
 Korn Ferry
KFY | 15.2 | -72.67% | 🇺🇸 USA |
 Insperity
NSP | 22.7 | -59.23% | 🇺🇸 USA |
 CBIZ CBZ | 23.8 | -57.35% | 🇺🇸 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.