TechTarget
TTGT
#6492
Rank
NZ$1.03 B
Marketcap
$34.58
Share price
-3.88%
Change (1 day)
-37.99%
Change (1 year)

P/E ratio for TechTarget (TTGT)

P/E ratio as of December 2024 (TTM): 21.7

According to TechTarget's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.7222. At the end of 2022 the company had a P/E ratio of 31.5.

P/E ratio history for TechTarget from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.5-98.68%
2021> 10002367.97%
202096.9126.48%
201942.868.2%
201825.4-54.51%
201755.9-46.93%
2016105188.67%
201536.5-60.15%
201491.6-166.8%
2013-137-371.76%
201250.512.31%
201144.9-116.99%
2010-264463.41%
2009-46.9-176.02%
200861.7-133.4%
2007-185

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
71.4 228.88%๐Ÿ‡บ๐Ÿ‡ธ USA
9.12-58.01%๐Ÿ‡บ๐Ÿ‡ธ USA
-178-917.39%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.