As of Jul 13, 2026, WAB's PEG ratio of 3.48 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 36.9 measured against EPS growth of 10.6%. When benchmarked against the trailing 4-quarter average of 2.38, WAB's PEG ratio reflects a 47% increase.
Westinghouse Air Brake Technologies's nine years historical PEG ratio averages out to 1.79. Compared to historical data, WAB's 3.48 PEG ratio represents an increase of 94%. WAB hit its maximum PEG ratio of 6.68 during the Jun 2018 quarter over the last nine years. The Sep 2020 quarter marked the lowest reading at 0.32, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.38 | 31.21 | 13.1% |
| 2024 | 0.94 | 31.34 | 33.3% |
| 2023 | 0.9 | 27.95 | 31.2% |
| 2022 | 1.71 | 28.85 | 16.9% |
| 2021 | 0.87 | 31.12 | 35.8% |
| 2020 | 2.38 | 33.58 | 14.1% |
| 2019 | N/A | 40.73 | -37.6% |
| 2018 | 1.96 | 22.96 | 11.7% |
| 2017 | N/A | 29.72 | -18.7% |
| 2016 | N/A | 24.64 | -18.6% |
| 2015 | 1.31 | 17.18 | 13.1% |
| 2014 | 1.19 | 23.74 | 20% |
| 2013 | 1.48 | 24.35 | 16.4% |
| 2012 | 0.35 | 16.71 | 48% |
| 2011 | 0.52 | 19.76 | 38.3% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 3.33 | 35.35 | 10.6% |
| Dec 2025 | 2.38 | 31.21 | 13.1% |
| Sep 2025 | 1.99 | 29.1 | 14.6% |
| Jun 2025 | 1.8 | 31.2 | 17.3% |
| Mar 2025 | 1.17 | 28.38 | 24.3% |
| Dec 2024 | 0.94 | 31.34 | 33.3% |
| Sep 2024 | 0.7 | 30.24 | 43.1% |
| Jun 2024 | 0.52 | 27.63 | 52.9% |
| Mar 2024 | 0.66 | 28.34 | 43.2% |
| Dec 2023 | 0.9 | 27.95 | 31.2% |
| Sep 2023 | 1.51 | 25.3 | 16.7% |
| Jun 2023 | 3.02 | 29.32 | 9.7% |
| Mar 2023 | 2.07 | 28.15 | 13.6% |
| Dec 2022 | 1.71 | 28.85 | 16.9% |
| Sep 2022 | 0.46 | 22.6 | 49.4% |
Measured against past performance, WAB's PEG ratio is above the 3, 5 and 10-year averages.
With a PEG of 3.48, WAB ranks higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.13, Westinghouse Air Brake Technologies's PEG is 208% higher.
WAB carries a PEG ratio higher than that of peer stocks GE and TRN.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| RAIL FreightCar America Inc | 0.04 | $150.04M |
| TRN Trinity Industries Inc | 0.13 | $2.9B |
| GE General Electric Co | 1.65 | $368.74B |
| WAB Westinghouse Air Brake Technologies Corp | 3.48 | $44.26B |
| GBX Greenbrier Companies Inc | N/A | $1.49B |
According to Jul 13, 2026 figures, WAB's PEG ratio stands at 3.48.
Historical data over a 3-year period puts WAB's average PEG ratio at 1.45.
Historical data over a 5-year period puts WAB's average PEG ratio at 1.4.
WAB's PEG ratio topped out at 6.68 during the Jun 2018 quarter - the highest in nine years.
At present, WAB's PEG ratio runs 94% higher than its 9-year historical average.
The elevated PEG ratio of 3.48 indicates that WAB may be priced above its earnings growth potential.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Jul 13, 2026, Westinghouse Air Brake Technologies carries a PE ratio of 36.9. Earnings grew at 10.6% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 3.48. PEG RATIO(3.48) = PE RATIO(36.9) / EPS GROWTH(10.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.