P/E ratio for Tractor Supply (TSCO)

P/E ratio history for Tractor Supply from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Home Depot HD	25.3	-9.73%	🇺🇸 USA
Conn's CONN	-0.0171	-100.06%	🇺🇸 USA
Amazon AMZN	106	279.13%	🇺🇸 USA
Lowe's Companies LOW	26.7	-4.85%	🇺🇸 USA
Titan Machinery TITN	2.86	-89.80%	🇺🇸 USA
POOLCORP POOL	26.7	-4.53%	🇺🇸 USA
LKQ Corporation LKQ	10.7	-61.64%	🇺🇸 USA
Sherwin-Williams SHW	41.0	46.21%	🇺🇸 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.