Watsco
WSO
#924
Rank
$21.38 B
Marketcap
$532.86
Share price
-1.88%
Change (1 day)
42.19%
Change (1 year)
Watsco, Inc. is an American distributor of air conditioning, heating and refrigeration equipment and related parts and supplies.

P/E ratio for Watsco (WSO)

P/E ratio as of November 2024 (TTM): 38.0

According to Watsco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.9869. At the end of 2022 the company had a P/E ratio of 17.7.

P/E ratio history for Watsco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.7-44.49%
202131.8-11.48%
202036.016.82%
201930.835.21%
201822.8-29.39%
201732.32.57%
201631.421.29%
201525.9-2.98%
201426.7-4.71%
201328.0-4.83%
201229.523.08%
201123.9-6.25%
201025.5-28.57%
200935.8100.17%
200817.920.98%
200714.8-1.39%
200615.0-32.66%
200522.218.68%
200418.715.39%
200316.212%
200214.5-4.04%
200115.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.38-85.85%๐Ÿ‡บ๐Ÿ‡ธ USA
40.7 7.19%๐Ÿ‡บ๐Ÿ‡ธ USA
25.2-33.63%๐Ÿ‡บ๐Ÿ‡ธ USA
33.4-12.18%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-47.77%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5-64.47%๐Ÿ‡บ๐Ÿ‡ธ 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.