P/E ratio for Wabtec (WAB)
P/E ratio as of June 2023 (TTM): 27.8
According to Wabtec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7564. At the end of 2021 the company had a P/E ratio of 31.1.
P/E ratio history for Wabtec from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | 46.32% |
| 2012 | 16.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | -258 | -1,029.87% | 🇺🇸 USA |
 FreightCar America
RAIL | -1.79 | -106.46% | 🇺🇸 USA |
 Trinity Industries
TRN | 28.5 | 2.72% | 🇺🇸 USA |
 The Greenbrier Companies
GBX | 30.0 | 7.94% | 🇺🇸 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.