Worthington Steel Historical PE Ratio image   This WS PE ratio history page last updated 5/8/2024
Worthington Steel Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q3 2024
3/21/2024
31.920.993.968.1
Q2 2024
12/21/2023
29.990.110.4468.2
Worthington Steel PE History Chart
PeriodPriceAdj. EPSTTMPE
Q3 2024
3/21/2024
31.920.99NANA
Q2 2024
12/21/2023
29.990.11NANA
How should the WS historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Worthington Steel. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this WS Historical PE Ratio page.

What is the average historical PE for WS based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The WS historical PE ratio using the annualized quarterly earnings method works out to 38.1.

What is the average historical PE for WS based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The WS historical PE ratio using the TTM earnings method works out to NA.

On this page we presented the Worthington Steel Historical PE Ratio information for Worthington Steel' stock. The average WS historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 38.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average WS historical PE based on this TTM earnings result method is NA.

Let's now compare this WS historical PE result, against the recent PE: when this page was posted on 5/7/2024, the most recent closing price for WS had been 32.56, and the most recent quarterly earnings result, annualized, was 3.96. Meanwhile, the most recent TTM earnings summed to NA. From these numbers, we calculate the recent WS PE on 5/7/2024 based on annualized quarterly EPS was 8.2. Based on WS's history, that recent PE is low relative to the historical average, with the recent PE 78.5% lower than the historical average PE across our data set for Worthington Steel.

For self directed investors doing their due diligence on WS or any other given stock, valuation analysis for WS can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Worthington Steel PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for WS. Thanks for visiting, and the next time you need to research WS Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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