WDC Western Digital PE ratio, current and historical analysis
The current PE ratio for Western Digital stock as of Nov 21, 2024 is 70.84. This is calculated based on the current EPS of $0.93 and the stock price of $65.88 per share.
WDC PE ratio history
The average historical PE ratio of Western Digital for the last ten years is 36.28. The current PE ratio of 70.84 is 95% above the historical average. Over the past ten years, WDC's PE ratio was at its highest in the Mar 2018 quarter at 131.81, when the stock price was $92.27 and the EPS was $0.7. The lowest value was in the Apr 2022 quarter, when it reached 8.2 with a price of $48.39 and an EPS of $5.9.
Western Digital PE ratio by year
Maximum annual increase: 258.89% in 2016
Maximum annual decrease: -66.48% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | N/A | N/A |
| 2023 | N/A | N/A |
| 2022 | 8.75 | -66.48% |
| 2021 | 26.1 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 34.1 | -46.88% |
| 2017 | 64.2 | 39.53% |
| 2016 | 46.01 | 258.89% |
| 2015 | 12.82 | -5.04% |
WDC average PE ratio chart
Currently, WDC's PE ratio is greater than its 3, 5 and 10-year historical averages.
WDC PE vs peers
Compared to its peer stocks HPQ and NTAP, WDC's PE ratio stands higher. Western Digital's PE ratio is trading above the peer group average of 24.52.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 13.16 | $36.53B |
| SMCI Super Micro Computer Inc | 15.47 | $17.39B |
| NTAP NetApp Inc | 24.13 | $25.94B |
| STX Seagate Technology plc | 25.42 | $21.14B |
| NTGR Netgear Inc | 33.21 | $687.89M |
| TDC Teradata Corp | 35.73 | $2.91B |
| WDC Western Digital Corp | 70.84 | $22.78B |
Frequently asked questions
What is Western Digital's PE ratio?
As of Nov 21, 2024, WDC stock has a price to earnings ratio of 70.84.
What is the 3-year average PE ratio for Western Digital (WDC)?
The average PE ratio for WDC stock over the past 3 years is 22.44.
What is the 5-year average PE ratio for Western Digital (WDC)?
The average PE ratio for WDC stock over the past 5 years is 34.62.
What is the highest PE ratio for WDC?
Over the last ten years, the quarterly PE ratio reached a historic high of 131.81 in the Mar 2018 quarter.
How does the current PE ratio for WDC compare to its historical average?
The current price to earnings ratio of WDC is 95% higher than the 10-year historical average.
Why is Western Digital's PE ratio so high?
WDC's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
How is WDC's PE ratio calculated (Western Digital PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Western Digital's stock price is $65.88. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.93. Therefore, Western Digital's P/E ratio for today is 70.84. PE RATIO(70.84) = STOCK PRICE($65.88) / TTM EPS($0.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.