TPG Capital
TPG
#777
Rank
C$36.05 B
Marketcap
$98.78
Share price
1.38%
Change (1 day)
106.83%
Change (1 year)

P/E ratio for TPG Capital (TPG)

P/E ratio as of November 2024 (TTM): 53.6

According to TPG Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.5649. At the end of 2022 the company had a P/E ratio of 25.5.

P/E ratio history for TPG Capital from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.51868.08%
20211.30

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.