P/E ratio for Webster Financial (WBS)
P/E ratio as of April 2024 (TTM): 8.66
According to Webster Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.65583. At the end of 2022 the company had a P/E ratio of 13.3.
P/E ratio history for Webster Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.3 | 5.79% |
| 2021 | 12.6 | -29.42% |
| 2020 | 17.9 | 36.23% |
| 2019 | 13.1 | 1.87% |
| 2018 | 12.9 | -38.36% |
| 2017 | 20.9 | -16.54% |
| 2016 | 25.0 | 45.28% |
| 2015 | 17.2 | 11.15% |
| 2014 | 15.5 | -5.11% |
| 2013 | 16.3 | 55.7% |
| 2012 | 10.5 | -13.1% |
| 2011 | 12.1 | -63.25% |
| 2010 | 32.8 | -473.42% |
| 2009 | -8.79 | 310.92% |
| 2008 | -2.14 | -111.91% |
| 2007 | 18.0 | -7.84% |
| 2006 | 19.5 | 43.77% |
| 2005 | 13.6 | -18.9% |
| 2004 | 16.7 | 29.37% |
| 2003 | 12.9 | 19.16% |
| 2002 | 10.8 | -7.16% |
| 2001 | 11.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 8.16 | -5.74% | 🇺🇸 USA |
 Independent Bank Corp (Massachusetts) INDB | 8.45 | -2.34% | 🇺🇸 USA |
 First Bancorp FNLC | 7.59 | -12.32% | 🇺🇸 USA |
 Century BanCorp CNBKA | N/A | N/A | 🇺🇸 USA |
 Brookline Bancorp BRKL | 9.15 | 5.73% | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Bankwell Financial Group BWFG | 5.08 | -41.29% | 🇺🇸 USA |
 Camden National Bank
CAC | 8.35 | -3.58% | 🇺🇸 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.