Westinghouse Air Brake Technologies Corporation
WAB
Rank in Stocks
#502
Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive... Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive suite of advanced technological solutions, equipment, and services tailored for the global freight railway and urban mass transit sectors. Its operations are bifurcated into two principal divisions: Freight and Transit. The Freight segment develops, produces, and maintains critical components for both newly manufactured and operational freight carriages and locomotives. This includes constructing brand-new commuter-focused locomotives, undertaking comprehensive rebuilding of freight locomotives, and delivering sophisticated railway electronic systems, positive train control (PTC) technology, signal design expertise, and related engineering provisions. This segment also furnishes essential heat exchange and cooling apparatus. Its clientele encompasses major publicly listed railway operators, equipment leasing firms, original equipment manufacturers (OEMs) of locomotives and freight cars, and various utility companies. The Transit segment is responsible for the production and upkeep of components utilized in both new and existing passenger conveyance systems, including regional and high-speed trains, subway cars, light-rail vehicles, and buses. This division also renovates subway cars and supplies HVAC (heating, ventilation, and air conditioning) systems, alongside doors for both buses and subways. This division caters to public transit agencies, municipal governments, leasing corporations, and manufacturers specializing in subway cars and buses. Beyond these core offerings, the company's extensive product portfolio further includes advanced electronically controlled pneumatic braking systems, various railway electronic devices, robust freight car undercarriages, crucial draft gears, couplers, and slack adjusters, as well as air compression and drying units. They also offer diverse heat exchange and cooling solutions, track and switch apparatus, and comprehensive railway braking components. WAB manufactures new switcher locomotives, friction products, and provides extensive overhaul, modernization, and refurbishment services for both transit and freight locomotives and cars. Additionally, their offerings extend to platform screen doors, pantographs, window assemblies, specialized couplers, accessibility lifts and ramps for public transport vehicles, and traction motors. Established in 1869, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.
Share Price
$286.72
Last synced: 2026-10-19
Market Cap
$48.43B
Change (1 day)
0.09%
Change (1 year)
46.20%
Country
US
Trade Westinghouse Air Brake Technologies Corporation (WAB)
Category
Industrials
P/E ratio for Westinghouse Air Brake Technologies Corporation (WAB)
P/E ratio as of October 2026 TTM: 38.46
According to Westinghouse Air Brake Technologies Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.46. At the end of 2024 the company had a P/E ratio of 31.26.
P/E ratio history for Westinghouse Air Brake Technologies Corporation from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 38.46 | 111.43% |
| 2025 | 18.19 | -41.81% |
| 2024 | 31.26 | 12.27% |
| 2023 | 27.84 | -3.09% |
| 2022 | 28.73 | -7.28% |
| 2021 | 30.98 | -7.72% |
| 2020 | 33.58 | -17.23% |
| 2019 | 40.57 | 77.38% |
| 2018 | 22.87 | -22.86% |
| 2017 | 29.65 | 20.50% |
| 2016 | 24.60 | 43.54% |
| 2015 | 17.14 | -27.57% |
| 2014 | 23.66 | -2.46% |
| 2013 | 24.26 | 46.16% |
| 2012 | 16.60 | -15.57% |
| 2011 | 19.66 | -3.87% |
| 2010 | 20.45 | 21.32% |
| 2009 | 16.86 | 14.78% |
| 2008 | 14.69 | -3.70% |
| 2007 | 15.25 | -11.88% |
| 2006 | 17.31 | -23.38% |
| 2005 | 22.59 | -23.58% |
| 2004 | 29.57 | -9.53% |
| 2003 | 32.68 | -344.35% |
| 2002 | -13.37 | -256.40% |
| 2001 | 8.55 | -57.38% |
| 2000 | 20.06 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 23.16 | -39.79% |
US
|
|
| 27.91 | -27.44% |
US
|
|
| - | - |
CA
|
|
| - | - |
CA
|
|
| 27.62 | -28.18% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.