Wells Fargo
WFC
#84
Rank
$138.27 B
Marketcap
$36.61
Share price
-1.59%
Change (1 day)
-28.38%
Change (1 year)

P/E ratio for Wells Fargo (WFC)

P/E ratio as of March 2023 (TTM): 9.41

According to Wells Fargo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.41131. At the end of 2021 the company had a P/E ratio of 9.58.

P/E ratio history for Wells Fargo from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.58-84.69%
202062.6372.09%
201913.328.54%
201810.3-30.17%
201714.87.95%
201613.75.91%
201512.9-1.78%
201413.114.38%
201311.514.33%
201210.13.96%
20119.67-30.41%
201013.9-8.35%
200915.2-56.79%
200835.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.51-9.60%๐Ÿ‡บ๐Ÿ‡ธ USA
5.10-45.81%๐Ÿ‡บ๐Ÿ‡ธ USA
9.20-2.21%๐Ÿ‡บ๐Ÿ‡ธ USA
8.64-8.24%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 13.54%๐Ÿ‡บ๐Ÿ‡ธ USA
5.82-38.19%๐Ÿ‡บ๐Ÿ‡ธ USA
8.33-11.51%๐Ÿ‡บ๐Ÿ‡ธ USA
8.48-9.91%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2 8.17%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.