P/E ratio for Western Digital (WDC)
P/E ratio as of April 2024 (TTM): -8.92
According to Western Digital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.91906. At the end of 2022 the company had a P/E ratio of -117.
P/E ratio history for Western Digital from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -117 | -1255.8% |
| 2021 | 10.1 | -89.96% |
| 2020 | 101 | -744.21% |
| 2019 | -15.6 | -218.4% |
| 2018 | 13.2 | -77.59% |
| 2017 | 58.9 | -228.31% |
| 2016 | -45.9 | -476.17% |
| 2015 | 12.2 | -25.8% |
| 2014 | 16.4 | -12.95% |
| 2013 | 18.9 | 278.46% |
| 2012 | 4.99 | -52.25% |
| 2011 | 10.5 | 45.58% |
| 2010 | 7.18 | -30.37% |
| 2009 | 10.3 | 190.09% |
| 2008 | 3.56 | -62.1% |
| 2007 | 9.38 | -4.62% |
| 2006 | 9.84 | -29.7% |
| 2005 | 14.0 | 1.97% |
| 2004 | 13.7 | -11.55% |
| 2003 | 15.5 | 62.66% |
| 2002 | 9.54 | -122.82% |
| 2001 | -41.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 HP HPQ | 11.8 | -232.45% | 🇺🇸 USA |
 NetApp
NTAP | 17.9 | -300.14% | 🇺🇸 USA |
 Seagate Technology STX | -23.4 | 162.05% | 🇮🇪 Ireland |
 Supermicro SMCI | 80.4 | -1,001.30% | 🇺🇸 USA |
 NETGEAR NTGR | -3.82 | -57.12% | 🇺🇸 USA |
 Teradata TDC | 64.5 | -822.88% | 🇺🇸 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.