Wolverine World Wide
WWW
#4293
Rank
$1.27 B
Marketcap
$16.07
Share price
0.94%
Change (1 day)
-29.89%
Change (1 year)

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
202134.9-286.26%
2020-18.7-180.4%
201923.354.7%
201815.1-100.37%
2017< -1000-16753.4%
201624.876.62%
201514.0-37.64%
201422.5-33.83%
201334.037.12%
201224.875.03%
201114.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.8-262.62%๐Ÿ‡บ๐Ÿ‡ธ USA
18.0-372.91%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9-294.59%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-251.30%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.