Weatherford International
WFRD
#1871
Rank
$8.34 B
Marketcap
$115.42
Share price
-0.92%
Change (1 day)
102.78%
Change (1 year)

P/E ratio for Weatherford International (WFRD)

P/E ratio as of March 2024 (TTM): 23.8

According to Weatherford International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7979. At the end of 2022 the company had a P/E ratio of 150.

P/E ratio history for Weatherford International from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022150-3573.98%
2021-4.311961.64%
2020-0.2091

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.