P/E ratio for Petco (WOOF)
P/E ratio as of May 2024 (TTM): 18.9
According to Petco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.9231. At the end of 2022 the company had a P/E ratio of 29.6.
P/E ratio history for Petco from 2021 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.6 | -28.15% |
| 2021 | 41.2 | -112.84% |
| 2020 | -321 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Henry Schein
HSIC | 21.5 | 13.86% | 🇺🇸 USA |
 IDEXX Laboratories IDXX | 54.6 | 188.46% | 🇺🇸 USA |
 Patterson Companies
PDCO | 11.7 | -38.19% | 🇺🇸 USA |
 Heska Corporation
HSKA | -62.2 | -428.55% | 🇺🇸 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.