As of Nov 2, 2026, WAB's PEG ratio of 2.09 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 35.58 measured against EPS growth of 17.0%. When benchmarked against the trailing 4-quarter average of 2.78, WAB's PEG ratio reflects a 25% decrease.
Westinghouse Air Brake Technologies's nine years historical PEG ratio averages out to 1.86. Compared to historical data, WAB's 2.09 PEG ratio represents an increase of 12%. 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 |
|---|---|---|---|
| Sep 2026 | 2.1 | 35.63 | 17% |
| Jun 2026 | 3.32 | 36.24 | 10.9% |
| 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% |
Measured against past performance, WAB's PEG ratio is above the 3, 5 and 10-year averages.
With a PEG of 2.09, WAB ranks higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 0.96, Westinghouse Air Brake Technologies's PEG is 118% higher.
Among its peers, WAB has a PEG ratio below stock GE, while higher than TRN's.
According to Nov 2, 2026 figures, WAB's PEG ratio stands at 2.09.
Historical data over a 3-year period puts WAB's average PEG ratio at 1.65.
Historical data over a 5-year period puts WAB's average PEG ratio at 1.54.
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 12% higher than its 9-year historical average.
The elevated PEG ratio of 2.09 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 Nov 2, 2026, Westinghouse Air Brake Technologies carries a PE ratio of 35.58. Earnings grew at 17.0% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 2.09. PEG RATIO(2.09) = PE RATIO(35.58) / EPS GROWTH(17.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.