P/E ratio for Werner Enterprises (WERN)
P/E ratio as of April 2024 (TTM): 15.0
According to Werner Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0419. 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 |
|---|---|---|
| 2022 | 10.7 | -13.24% |
| 2021 | 12.3 | -22.58% |
| 2020 | 15.9 | 4.67% |
| 2019 | 15.2 | 21.54% |
| 2018 | 12.5 | -9.14% |
| 2017 | 13.8 | -43.85% |
| 2016 | 24.6 | 80.45% |
| 2015 | 13.6 | -40.15% |
| 2014 | 22.7 | 9.62% |
| 2013 | 20.7 | 34.43% |
| 2012 | 15.4 | -9.75% |
| 2011 | 17.1 | -16.05% |
| 2010 | 20.4 | -19.04% |
| 2009 | 25.1 | 40.68% |
| 2008 | 17.9 | 8.12% |
| 2007 | 16.5 | 21.07% |
| 2006 | 13.7 | -14.04% |
| 2005 | 15.9 | -22.81% |
| 2004 | 20.6 | -1.79% |
| 2003 | 21.0 | -6.31% |
| 2002 | 22.4 | -6.72% |
| 2001 | 24.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 J. B. Hunt
JBHT | 22.0 | 46.12% | 🇺🇸 USA |
 Marten Transport MRTN | 16.1 | 7.34% | 🇺🇸 USA |
 Heartland Express HTLD | 32.3 | 114.61% | 🇺🇸 USA |
 Knight-Swift
KNX | 20.7 | 37.82% | 🇺🇸 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.