National Western Life
NWLI
#4455
Rank
โ‚ฌ1.74 B
Marketcap
478,83ย โ‚ฌ
Share price
0.00%
Change (1 day)
10.61%
Change (1 year)

P/E ratio for National Western Life (NWLI)

P/E ratio on September 10, 2024 (TTM): 23.2

According to National Western Life's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2333. At the end of 2022 the company had a P/E ratio of 4.35.

P/E ratio history for National Western Life from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.353.73%
20214.20-46.92%
20207.911.17%
20197.82-14.18%
20189.11-14.08%
201710.6-4.28%
201611.121.03%
20159.150.69%
20149.0910.73%
20138.2136.21%
20126.03-30.35%
20118.657.25%
20108.07-41.73%
200913.8-22.92%
200818.066.62%
200710.81.53%
200610.610.05%
20059.6598.72%
20044.85-50.51%
20039.8125.96%
20027.79-6.79%
20018.35

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.23-60.28%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-11.02%๐Ÿ‡บ๐Ÿ‡ธ USA
4.29-81.54%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
21.5-7.33%๐Ÿ‡บ๐Ÿ‡ธ 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.