Webster Financial
WBS
#1631
Rank
NZ$18.05 B
Marketcap
$105.34
Share price
2.10%
Change (1 day)
48.49%
Change (1 year)

P/E ratio for Webster Financial (WBS)

P/E ratio as of November 2024 (TTM): 11.8

According to Webster Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8088. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for Webster Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.35.79%
202112.6-29.42%
202017.936.23%
201913.11.87%
201812.9-38.36%
201720.9-16.54%
201625.045.28%
201517.211.15%
201415.5-5.11%
201316.355.7%
201210.5-13.1%
201112.1-63.25%
201032.8-473.42%
2009-8.79310.92%
2008-2.14-111.91%
200718.0-7.84%
200619.543.77%
200513.6-18.9%
200416.729.37%
200312.919.16%
200210.8-7.16%
200111.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.4 4.90%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7 7.78%๐Ÿ‡บ๐Ÿ‡ธ USA
7.14-39.54%๐Ÿ‡บ๐Ÿ‡ธ USA
12.6 7.09%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-15.03%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
13.9 18.06%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.