TE Connectivity
TEL
#439
Rank
C$64.19 B
Marketcap
$214.06
Share price
-1.07%
Change (1 day)
24.13%
Change (1 year)

P/E ratio for TE Connectivity (TEL)

P/E ratio as of November 2024 (TTM): 25.3

According to TE Connectivity 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.3086. At the end of 2022 the company had a P/E ratio of 16.3.

P/E ratio history for TE Connectivity from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.3-24.7%
202121.7-93.55%
20203361563.28%
201920.2121.9%
20189.11-66.54%
201727.2126.8%
201612.06.86%
201511.2-17.39%
201413.6-19.29%
201316.920.32%
201214.029.57%
201110.8-18.77%
201013.3-460.49%
2009-3.69-138.26%
20089.65-93.76%
2007155

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
70.0 176.70%๐Ÿ‡บ๐Ÿ‡ธ USA
22.4-11.66%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-20.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.77-138.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.7852-103.10%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.