P/E ratio for Worthington Industries (WOR)
P/E ratio as of September 2023 (TTM): 12.9
According to Worthington Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9383. At the end of 2021 the company had a P/E ratio of 6.59.
P/E ratio history for Worthington Industries from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.59 | 35.84% |
| 2020 | 4.85 | -76.9% |
| 2019 | 21.0 | 102.38% |
| 2018 | 10.4 | -33.16% |
| 2017 | 15.5 | 5.96% |
| 2016 | 14.6 | -55.31% |
| 2015 | 32.8 | 136.26% |
| 2014 | 13.9 | -30.14% |
| 2013 | 19.8 | 60.38% |
| 2012 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 6.09 | -52.91% | 🇺🇸 USA |
 Nucor
NUE | 7.05 | -45.52% | 🇺🇸 USA |
 Steel Dynamics
STLD | 5.87 | -54.64% | 🇺🇸 USA |
 Schnitzer Steel
SCHN | 89.7 | 593.52% | 🇺🇸 USA |
 Harsco
HSC | -13.3 | -202.49% | 🇺🇸 USA |
 U.S. Steel
X | 5.44 | -57.92% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 10.3 | -20.44% | 🇺🇸 USA |
 Carpenter Technology CRS | 61.0 | 371.63% | 🇺🇸 USA |
 Alcoa AA | -3.47 | -126.86% | 🇺🇸 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.