Tractor Supply
TSCO
#675
Rank
NZ$51.56 B
Marketcap
$482.60
Share price
2.95%
Change (1 day)
47.29%
Change (1 year)
Tractor Supply Company or TSCO for short is an American retail chain of stores that offers products for home improvement, agriculture, livestock, lawn and garden maintenance, equine and pet care.

P/E ratio for Tractor Supply (TSCO)

P/E ratio as of November 2024 (TTM): 27.3

According to Tractor Supply's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.334. At the end of 2022 the company had a P/E ratio of 23.0.

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

PE ratio at the end of each year

Year P/E ratio Change
202223.0-16.23%
202127.526.12%
202021.89.63%
201919.93.65%
201819.2-15.06%
201722.6-1.99%
201623.0-18.34%
201528.2-3.7%
201429.3-11.24%
201333.044.96%
201222.80.96%
201122.67.69%
201020.931.68%
200915.9-2.29%
200816.310.97%
200714.7-25.85%
200619.8-18.16%
200524.29.79%
200422.0-15.15%
200326.0-15.54%
200230.7164.16%
200111.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.0-4.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0171-100.06%๐Ÿ‡บ๐Ÿ‡ธ USA
101 268.35%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9-5.07%๐Ÿ‡บ๐Ÿ‡ธ USA
2.87-89.51%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-3.77%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-60.60%๐Ÿ‡บ๐Ÿ‡ธ USA
41.1 50.20%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.