Wells Fargo
WFC
#54
Rank
$179.01 B
Marketcap
$46.98
Share price
-0.97%
Change (1 day)
-2.99%
Change (1 year)

P/E ratio for Wells Fargo (WFC)

P/E ratio as of November 2022 (TTM): 12.1

According to Wells Fargo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0771. 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
11.6-3.72%๐Ÿ‡บ๐Ÿ‡ธ USA
8.29-31.32%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3 1.46%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-8.06%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-6.28%๐Ÿ‡บ๐Ÿ‡ธ USA
6.32-47.64%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4-13.97%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9 31.52%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.