P/E ratio for Wolverine World Wide (WWW)
P/E ratio as of March 2023 (TTM): -6.61
According to Wolverine World Wide 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.61097. At the end of 2021 the company had a P/E ratio of 34.9.
P/E ratio history for Wolverine World Wide from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.9 | -286.26% |
| 2020 | -18.7 | -180.4% |
| 2019 | 23.3 | 54.7% |
| 2018 | 15.1 | -100.37% |
| 2017 | < -1000 | -16753.4% |
| 2016 | 24.8 | 76.62% |
| 2015 | 14.0 | -37.64% |
| 2014 | 22.5 | -33.83% |
| 2013 | 34.0 | 37.12% |
| 2012 | 24.8 | 75.03% |
| 2011 | 14.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Steve Madden
SHOO | 10.8 | -262.62% | 🇺🇸 USA |
 Deckers Brands DECK | 18.0 | -372.91% | 🇺🇸 USA |
 Crocs CROX | 12.9 | -294.59% | 🇺🇸 USA |
 Skechers
SKX | 10.0 | -251.30% | 🇺🇸 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.