Wolverine World Wide
WWW
#4426
Rank
NZ$3.26 B
Marketcap
$40.77
Share price
2.72%
Change (1 day)
180.20%
Change (1 year)

P/E ratio for Wolverine World Wide (WWW)

P/E ratio as of December 2024 (TTM): -6.50

According to Wolverine World Wide 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.49924. At the end of 2022 the company had a P/E ratio of -4.46.

P/E ratio history for Wolverine World Wide from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.46-112.8%
202134.9-286.26%
2020-18.7-180.4%
201923.354.7%
201815.1-100.37%
2017< -1000-16753.4%
201624.876.62%
201514.0-37.64%
201422.5-33.83%
201334.037.12%
201224.875.03%
201114.2-5.04%
201014.9-61.06%
200938.3252.99%
200810.8-21.71%
200713.9-25.68%
200618.69.55%
200517.0-28.53%
200423.812.92%
200321.129.39%
200216.31.72%
200116.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.3-257.82%๐Ÿ‡บ๐Ÿ‡ธ USA
19.5-400.59%๐Ÿ‡บ๐Ÿ‡ธ USA
9.16-240.94%๐Ÿ‡บ๐Ÿ‡ธ USA
19.7-402.80%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.