Question 1

What is Wabtec's P/E ratio?

Accepted Answer

Wabtec (WAB) P/E ratio is 36.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Wabtec?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Wabtec specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is Wabtec's P/E ratio high or low?

Accepted Answer

Wabtec's P/E ratio of 36.7× is above its own 5-year average of 29.2× and above the sector median of 27.8×. That places the current reading at the 85th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Wabtec's historical P/E ratio range?

Accepted Answer

In the available daily series, Wabtec (WAB) P/E ratio has ranged from a low of 8.6× in 2001 to a high of 60.5× in 2019. The 5-year average is 29.2× and the 5-year median is 29.0×.

Question 7

What was Wabtec's P/E ratio in 2025?

Accepted Answer

Wabtec (WAB) P/E ratio at the end of 2025 was 31.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Wabtec's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$36.35B	$1.17B	31.1×	+0.3×	Dec 31, 2025
2024	$32.46B	$1.06B	30.7×	+3.0×	Dec 31, 2024
2023	$22.59B	$815.00M	27.7×	-0.9×	Dec 31, 2023
2022	$18.14B	$633.00M	28.7×	-2.0×	Dec 31, 2022
2021	$17.13B	$558.20M	30.7×	-2.7×	Dec 31, 2021
2020	$13.85B	$414.40M	33.4×	-12.1×	Dec 31, 2020
2019	$14.87B	$326.40M	45.6×	+22.6×	Dec 31, 2019
2018	$6.77B	$294.90M	22.9×	-6.8×	Dec 31, 2018
2017	$7.79B	$262.26M	29.7×	+5.4×	Dec 31, 2017
2016	$7.43B	$304.89M	24.4×	+7.3×	Dec 31, 2016
2015	$6.78B	$398.63M	17.0×	-6.7×	Dec 31, 2015
2014	$8.33B	$351.68M	23.7×	-0.6×	Dec 31, 2014
2013	$7.11B	$292.24M	24.3×	+7.8×	Dec 31, 2013
2012	$4.16B	$251.73M	16.5×	-3.1×	Dec 31, 2012
2011	$3.34B	$170.15M	19.6×	-0.9×	Dec 31, 2011
2010	$2.53B	$123.10M	20.5×	+3.7×	Dec 31, 2010
2009	$1.94B	$115.06M	16.8×	+2.3×	Dec 31, 2009
2008	$1.89B	$130.55M	14.5×	-0.7×	Dec 31, 2008
2007	$1.67B	$109.57M	15.2×	-2.1×	Dec 31, 2007
2006	$1.47B	$84.80M	17.3×	-5.9×	Dec 31, 2006
2005	$1.29B	$55.78M	23.2×	-7.2×	Dec 31, 2005
2004	$986.24M	$32.45M	30.4×	-3.1×	Dec 31, 2004
2003	$761.02M	$22.70M	33.5×	-4.2×	Dec 31, 2003
2002	$610.08M	$16.18M	37.7×	+29.1×	Dec 31, 2002
2001	$531.34M	$61.78M	8.6×	—	Dec 31, 2001


Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for Wabtec (WAB)

P/E Ratio daily chart for Wabtec (WAB)

Historical P/E Ratio for Wabtec (WAB) from 2001 to 2025

About P/E Ratio at Wabtec (WAB)

Wabtec P/E Ratio by Year

Wabtec P/E Ratio 2025: 31.1×

Wabtec P/E Ratio 2024: 30.7×

Wabtec P/E Ratio 2023: 27.7×

Wabtec P/E Ratio 2022: 28.7×

Wabtec P/E Ratio 2021: 30.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Wabtec (WAB) Key Financials

P/E Ratio daily chart for Wabtec (WAB)

Historical P/E Ratio for Wabtec (WAB) from 2001 to 2025

About P/E Ratio at Wabtec (WAB)

Wabtec P/E Ratio by Year

Wabtec P/E Ratio 2025: 31.1×

Wabtec P/E Ratio 2024: 30.7×

Wabtec P/E Ratio 2023: 27.7×

Wabtec P/E Ratio 2022: 28.7×

Wabtec P/E Ratio 2021: 30.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Wabtec's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Wabtec?

+Is Wabtec's P/E ratio high or low?

+What is Wabtec's historical P/E ratio range?

+What was Wabtec's P/E ratio in 2025?

+Why does Wabtec's P/E ratio change over time?

Wabtec (WAB) Key Financials