P/E ratio for TFI International (TFII)
P/E ratio as of June 2024 (TTM): 21.5
According to TFI International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.549. At the end of 2022 the company had a P/E ratio of 10.9.
P/E ratio history for TFI International from 2005 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.9 | -21.34% |
| 2021 | 13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 YRC Worldwide
YRCW | N/A | N/A | 🇺🇸 USA |
 Universal Logistics Holdings ULH | 11.1 | -48.65% | 🇺🇸 USA |
 TFI International TFII | 21.5 | 0.00% | 🇨🇦 Canada |
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.