Titan Machinery
TITN
#7294
Rank
โ‚น28.27 B
Marketcap
โ‚น1,223
Share price
2.99%
Change (1 day)
-44.73%
Change (1 year)

P/E ratio for Titan Machinery (TITN)

P/E ratio as of November 2024 (TTM): 2.79

According to Titan Machinery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.78915. At the end of 2022 the company had a P/E ratio of 8.47.

P/E ratio history for Titan Machinery from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.47-50.38%
202117.1-25.81%
202023.0-21.77%
201929.462.01%
201818.1-165.17%
2017-27.8255.38%
2016-7.83-0.18%
2015-7.85-86.59%
2014-58.5-481.46%
201315.333.54%
201211.50.98%
201111.4-48.72%
201022.269.17%
200913.1-12.32%
200815.051.85%
20079.85

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6 852.48%๐Ÿ‡บ๐Ÿ‡ธ USA
6.31 126.29%๐Ÿ‡บ๐Ÿ‡ธ USA
33.2 1,088.55%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0 652.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0171-100.61%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.