P/E ratio for Zurn Water Solutions (ZWS)
P/E ratio as of April 2024 (TTM): 49.2
According to Zurn Water Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.1846. At the end of 2022 the company had a P/E ratio of 43.2.
P/E ratio history for Zurn Water Solutions from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 43.2 | 22.14% |
| 2021 | 35.3 | 9.18% |
| 2020 | 32.4 | 65.71% |
| 2019 | 19.5 | -180% |
| 2018 | -24.4 | -228.55% |
| 2017 | 19.0 | -57.34% |
| 2016 | 44.5 | 143.25% |
| 2015 | 18.3 | -40.31% |
| 2014 | 30.7 | -84.11% |
| 2013 | 193 | 270.16% |
| 2012 | 52.1 |
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.