P/E ratio for Wabtec (WAB)
P/E ratio as of April 2024 (TTM): 34.4
According to Wabtec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.35. At the end of 2022 the company had a P/E ratio of 28.9.
P/E ratio history for Wabtec from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.9 | -7.03% |
| 2021 | 31.1 | -7.75% |
| 2020 | 33.7 | -24.99% |
| 2019 | 45.0 | 96.53% |
| 2018 | 22.9 | -23.28% |
| 2017 | 29.8 | 21.08% |
| 2016 | 24.6 | 43.4% |
| 2015 | 17.2 | -27.64% |
| 2014 | 23.7 | -2.51% |
| 2013 | 24.4 | 46.04% |
| 2012 | 16.7 | -15.85% |
| 2011 | 19.8 | -3.71% |
| 2010 | 20.6 | 21.95% |
| 2009 | 16.9 | 14.21% |
| 2008 | 14.8 | -3.03% |
| 2007 | 15.2 | -11.72% |
| 2006 | 17.3 | -24.28% |
| 2005 | 22.8 | -23.01% |
| 2004 | 29.6 | -9.64% |
| 2003 | 32.8 | -13.64% |
| 2002 | 37.9 | 344.25% |
| 2001 | 8.54 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 17.9 | -47.93% | 🇺🇸 USA |
 FreightCar America
RAIL | -1.81 | -105.26% | 🇺🇸 USA |
 Trinity Industries
TRN | 28.5 | -16.94% | 🇺🇸 USA |
 The Greenbrier Companies
GBX | 28.6 | -16.63% | 🇺🇸 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.