Target Hospitality
TH
#5664
Rank
A$1.48 B
Marketcap
$15.05
Share price
-1.26%
Change (1 day)
8.87%
Change (1 year)
Categories

P/E ratio for Target Hospitality (TH)

P/E ratio as of December 2024 (TTM): 6.63

According to Target Hospitality's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.6338. At the end of 2022 the company had a P/E ratio of 19.7.

P/E ratio history for Target Hospitality from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.7-127.62%
2021-71.21071.65%
2020-6.08-103.73%
201916361.71%
2018101

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.1 127.63%๐Ÿ‡บ๐Ÿ‡ธ USA

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.