P/E ratio for Woodward (WWD)
P/E ratio as of April 2024 (TTM): 43.2
According to Woodward's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.1794. At the end of 2022 the company had a P/E ratio of 34.3.
P/E ratio history for Woodward from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 34.3 | -2.35% |
| 2021 | 35.1 | 5.95% |
| 2020 | 33.1 | 19.1% |
| 2019 | 27.8 | 28.37% |
| 2018 | 21.7 | -20.48% |
| 2017 | 27.2 | 29.39% |
| 2016 | 21.1 | 8.1% |
| 2015 | 19.5 | 11.95% |
| 2014 | 17.4 | -20.29% |
| 2013 | 21.8 | 17.33% |
| 2012 | 18.6 | -8.66% |
| 2011 | 20.4 | -12.17% |
| 2010 | 23.2 | 18.76% |
| 2009 | 19.5 | 55.2% |
| 2008 | 12.6 | -42.41% |
| 2007 | 21.8 | 20.46% |
| 2006 | 18.1 | -65.22% |
| 2005 | 52.1 | 132.21% |
| 2004 | 22.4 | -52.6% |
| 2003 | 47.4 | 262.54% |
| 2002 | 13.1 | -12.88% |
| 2001 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 17.9 | -58.57% | 🇺🇸 USA |
 Parker-Hannifin
PH | 29.4 | -31.83% | 🇺🇸 USA |
 TransDigm TDG | 64.7 | 49.73% | 🇺🇸 USA |
 Honeywell HON | 23.5 | -45.64% | 🇺🇸 USA |
 Capstone Green Energy CGRN | -0.3190 | -100.74% | 🇺🇸 USA |
 ITT ITT | 23.8 | -44.90% | 🇺🇸 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.