TrueBlue
TBI
#7733
Rank
NZ$0.38 B
Marketcap
$13.18
Share price
-2.60%
Change (1 day)
-40.74%
Change (1 year)

P/E ratio for TrueBlue (TBI)

P/E ratio as of November 2024 (TTM): -52.4

According to TrueBlue's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -52.3539. At the end of 2022 the company had a P/E ratio of 10.3.

P/E ratio history for TrueBlue from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.3-34.08%
202115.6-417%
2020-4.93-133.41%
201914.89.46%
201813.5-33.31%
201720.2-130.35%
2016-66.6-547.42%
201514.97.08%
201413.9-40.12%
201323.225.34%
201218.5-1.21%
201118.8-52.04%
201039.1-44.55%
200970.5-173.69%
2008-95.7-1064.93%
20079.92-21%
200612.6-24.02%
200516.5-16.01%
200419.7-35.42%
200330.532.87%
200222.93.2%
200122.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.88-111.24%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-127.94%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-132.58%๐Ÿ‡บ๐Ÿ‡ธ USA
23.6-145.12%๐Ÿ‡บ๐Ÿ‡ธ USA
413-888.86%๐Ÿ‡บ๐Ÿ‡ธ USA
21.5-141.03%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.