P/E ratio for Wolverine World Wide (WWW)
P/E ratio as of April 2024 (TTM): -2.93
According to Wolverine World Wide 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.92852. At the end of 2022 the company had a P/E ratio of -4.46.
P/E ratio history for Wolverine World Wide from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.46 | -112.8% |
| 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 | -5.04% |
| 2010 | 14.9 | -61.06% |
| 2009 | 38.3 | 252.99% |
| 2008 | 10.8 | -21.71% |
| 2007 | 13.9 | -25.68% |
| 2006 | 18.6 | 9.55% |
| 2005 | 17.0 | -28.53% |
| 2004 | 23.8 | 12.92% |
| 2003 | 21.1 | 29.39% |
| 2002 | 16.3 | 1.72% |
| 2001 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Steve Madden
SHOO | 18.4 | -727.68% | 🇺🇸 USA |
 Deckers Brands DECK | 35.6 | -1,314.00% | 🇺🇸 USA |
 Crocs CROX | 11.5 | -493.55% | 🇺🇸 USA |
 Skechers
SKX | 17.3 | -690.30% | 🇺🇸 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.