Start with its own history
At 15.22×, WIRE is 3.0% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · WIREElectrical Equipment & PartsUpdated Nov 4, 2026
Encore Wire Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
15.22×
3.0% abovethe 10-year annual average
Share price289.84
÷Earnings per share19.04
Price and EPS in quote currency. Calculation details
Investors are paying 15.22 for every 1 of reported earnings per share.
P/E over time
2014 – 2023
Annual P/ESelected-period average 14.78×
3-year average6.25×3 positive annual observations
5-year average11.16×5 positive annual observations
10-year average14.78×10 positive annual observations
Peer median · TTM33.49×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2023 | 9.68× | +163.6% |
| Dec 31, 2022 | 3.67× | -32.0% |
| Dec 31, 2021 | 5.40× | -67.1% |
| Dec 31, 2020 | 16.41× | -20.5% |
| Dec 31, 2019 | 20.65× | +54.3% |
| Dec 31, 2018 | 13.38× | -11.2% |
| Dec 31, 2017 | 15.06× | -43.4% |
| Dec 31, 2016 | 26.60× | +64.9% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2015 | 16.13× | -22.7% |
| Dec 31, 2014 | 20.85× | -12.7% |
| Dec 31, 2013 | 23.88× | -28.3% |
| Dec 31, 2012 | 33.31× | +176.5% |
| Dec 31, 2011 | 12.05× | -68.3% |
| Dec 31, 2010 | 38.00× | -71.1% |
| Dec 31, 2009 | 131.69× | +1094.6% |
| Dec 31, 2008 | 11.02× | -8.6% |
| Dec 31, 2007 | 12.06× | +171.2% |
| Dec 31, 2006 | 4.45× | -57.6% |
| Dec 31, 2005 | 10.49× | +14.1% |
| Dec 31, 2004 | 9.19× | -67.6% |
| Dec 31, 2003 | 28.33× | +22.2% |
| Dec 31, 2002 | 23.19× | +17.8% |
| Dec 31, 2001 | 19.68× | +77.6% |
| Dec 31, 2000 | 11.09× | -36.7% |
| Dec 31, 1999 | 17.52× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How WIRE compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 WIRE This stockEncore Wire Corporation | 15.22× |
 TRTN-PCTriton International Limited | 5.64× |
 GOLGol Linhas Aéreas Inteligentes S.A. | N/M |
 AJRDAerojet Rocketdyne Holdings, Inc. | 63.03× |
 CSWCSW Industrials, Inc. | 37.67× |
 GMSGMS Inc. | 37.02× |
 IAAIAA, Inc. | 18.30× |
 JBTMJBT Marel Corporation | 33.49× |
 AIMCAltra Industrial Motion Corp. | 31.78× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does WIRE’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 33.49×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take WIRE into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("WIRE", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 289.84 ÷ EPS 19.04 = 15.22×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
WIRE P/E ratio: common questions
The essentials behind the numbers.
Encore Wire Corporation's current P/E is 15.22× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.