P/E ratio for Worthington Industries (WOR)
P/E ratio as of April 2024 (TTM): 9.94
According to Worthington Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.93919. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for Worthington Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | 70.39% |
| 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 | 26.94% |
| 2011 | 9.75 | -62.91% |
| 2010 | 26.3 | -55.75% |
| 2009 | 59.4 | -272.51% |
| 2008 | -34.4 | -281.05% |
| 2007 | 19.0 | 81.41% |
| 2006 | 10.5 | -12.12% |
| 2005 | 11.9 | 18.22% |
| 2004 | 10.1 | -66.97% |
| 2003 | 30.6 | -29.82% |
| 2002 | 43.5 | 50.25% |
| 2001 | 29.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 6.56 | -34.03% | 🇺🇸 USA |
 Nucor
NUE | 8.74 | -12.08% | 🇺🇸 USA |
 Steel Dynamics
STLD | 8.30 | -16.53% | 🇺🇸 USA |
 Radius Recycling (Schnitzer Steel)
RDUS | -19.5 | -295.87% | 🇺🇸 USA |
 Harsco
HSC | -13.3 | -233.42% | 🇺🇸 USA |
 U.S. Steel
X | 7.20 | -27.51% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 13.0 | 30.96% | 🇺🇸 USA |
 Carpenter Technology CRS | 36.9 | 271.06% | 🇺🇸 USA |
 Alcoa AA | -7.32 | -173.63% | 🇺🇸 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.