P/E ratio for W. W. Grainger (GWW)
P/E ratio as of April 2024 (TTM): 26.1
According to W. W. Grainger 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1468. At the end of 2022 the company had a P/E ratio of 18.4.
P/E ratio history for W. W. Grainger from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.4 | -29.11% |
| 2021 | 26.0 | -18.1% |
| 2020 | 31.7 | 43.76% |
| 2019 | 22.1 | 8.02% |
| 2018 | 20.4 | -12.98% |
| 2017 | 23.5 | 0.01% |
| 2016 | 23.5 | 34.91% |
| 2015 | 17.4 | -21% |
| 2014 | 22.0 | -2.62% |
| 2013 | 22.6 | 8.45% |
| 2012 | 20.8 | 3.1% |
| 2011 | 20.2 | 3.34% |
| 2010 | 19.6 | 15.16% |
| 2009 | 17.0 | 31.01% |
| 2008 | 13.0 | -24.29% |
| 2007 | 17.1 | 6.77% |
| 2006 | 16.0 | -12.69% |
| 2005 | 18.4 | -12.3% |
| 2004 | 20.9 | 10.52% |
| 2003 | 19.0 | -5.86% |
| 2002 | 20.1 | -21.55% |
| 2001 | 25.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fastenal FAST | 33.9 | 29.63% | 🇺🇸 USA |
 Snap-on SNA | 14.3 | -45.28% | 🇺🇸 USA |
 Harsco
HSC | -13.3 | -150.72% | 🇺🇸 USA |
 WESCO International
WCC | 10.2 | -61.11% | 🇺🇸 USA |
 MSC Industrial Direct MSM | 14.4 | -44.95% | 🇺🇸 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.