P/E ratio for Wells Fargo (WFC)

P/E ratio history for Wells Fargo from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
U.S. Bancorp USB	14.4	-4.76%	🇺🇸 USA
PNC Financial Services PNC	13.4	-11.38%	🇺🇸 USA
JPMorgan Chase JPM	14.3	-5.40%	🇺🇸 USA
Bank of America BAC	12.2	-18.88%	🇺🇸 USA
Citigroup C	10.2	-32.09%	🇺🇸 USA
Regions Financial RF	9.78	-35.15%	🇺🇸 USA
KeyCorp (KeyBank) KEY	13.8	-8.48%	🇺🇸 USA
First Horizon National FHN	11.5	-23.63%	🇺🇸 USA
Great Southern Bancorp GSBC	9.37	-37.86%	🇺🇸 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.