P/E ratio for WD-40 Company (WDFC)
P/E ratio as of April 2024 (TTM): 47.4
According to WD-40 Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.3938. At the end of 2022 the company had a P/E ratio of 35.1.
P/E ratio history for WD-40 Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.1 | -31.95% |
| 2021 | 51.6 | 1.99% |
| 2020 | 50.6 | 3.22% |
| 2019 | 49.0 | 25.73% |
| 2018 | 39.0 | 25.9% |
| 2017 | 31.0 | -3.56% |
| 2016 | 32.1 | 2.55% |
| 2015 | 31.3 | 5.64% |
| 2014 | 29.6 | 3.61% |
| 2013 | 28.6 | 51.23% |
| 2012 | 18.9 | -4.49% |
| 2011 | 19.8 | 5.24% |
| 2010 | 18.8 | -1.12% |
| 2009 | 19.0 | 18.42% |
| 2008 | 16.1 | -20.41% |
| 2007 | 20.2 | -10.22% |
| 2006 | 22.5 | 52.49% |
| 2005 | 14.8 | -16.91% |
| 2004 | 17.8 | -13.13% |
| 2003 | 20.4 | 20.69% |
| 2002 | 16.9 | -29.46% |
| 2001 | 24.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Clorox CLX | 205 | 331.64% | 🇺🇸 USA |
 Calumet Specialty Products Partners CLMT | -27.5 | -158.12% | 🇺🇸 USA |
 Stepan Company
SCL | 35.7 | -24.72% | 🇺🇸 USA |
 Quaker Houghton KWR | 400 | 743.99% | 🇺🇸 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.