P/E ratio for Watsco (WSO)
P/E ratio as of April 2024 (TTM): 31.1
According to Watsco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.0576. 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 |
|---|---|---|
| 2022 | 17.7 | -44.49% |
| 2021 | 31.8 | -11.48% |
| 2020 | 36.0 | 16.82% |
| 2019 | 30.8 | 35.21% |
| 2018 | 22.8 | -29.39% |
| 2017 | 32.3 | 2.57% |
| 2016 | 31.4 | 21.29% |
| 2015 | 25.9 | -2.98% |
| 2014 | 26.7 | -4.71% |
| 2013 | 28.0 | -4.83% |
| 2012 | 29.5 | 23.08% |
| 2011 | 23.9 | -6.25% |
| 2010 | 25.5 | -28.57% |
| 2009 | 35.8 | 100.17% |
| 2008 | 17.9 | 20.98% |
| 2007 | 14.8 | -1.39% |
| 2006 | 15.0 | -32.66% |
| 2005 | 22.2 | 18.68% |
| 2004 | 18.7 | 15.39% |
| 2003 | 16.2 | 12% |
| 2002 | 14.5 | -4.04% |
| 2001 | 15.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 W. W. Grainger
GWW | 26.3 | -15.30% | 🇺🇸 USA |
 POOLCORP POOL | 26.6 | -14.48% | 🇺🇸 USA |
 Hudson Technologies HDSN | 9.02 | -70.97% | 🇺🇸 USA |
 Beacon Roofing Supply BECN | 18.9 | -39.12% | 🇺🇸 USA |
 WESCO International
WCC | 10.3 | -66.98% | 🇺🇸 USA |
 Lennox LII | 31.3 | 0.66% | 🇺🇸 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.