Werner Enterprises
WERN
#3906
Rank
$2.25 B
Marketcap
$35.62
Share price
0.45%
Change (1 day)
-18.08%
Change (1 year)

P/E ratio for Werner Enterprises (WERN)

P/E ratio as of June 2024 (TTM): 15.1

According to Werner Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0717. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for Werner Enterprises from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.7-13.24%
202112.3-22.58%
202015.94.67%
201915.221.54%
201812.5-9.14%
201713.8-43.85%
201624.680.45%
201513.6-40.15%
201422.79.62%
201320.734.43%
201215.4-9.75%
201117.1-16.05%
201020.4-19.04%
200925.140.68%
200817.98.12%
200716.521.07%
200613.7-14.04%
200515.9-22.81%
200420.6-1.79%
200321.0-6.31%
200222.4-6.72%
200124.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.7 37.63%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1 13.31%๐Ÿ‡บ๐Ÿ‡ธ USA
36.8 144.04%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 34.32%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.