P/E ratio for Timken Company (TKR)
P/E ratio as of June 2024 (TTM): 14.4
According to Timken Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.381. At the end of 2022 the company had a P/E ratio of 12.8.
P/E ratio history for Timken Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.8 | -10.53% |
| 2021 | 14.3 | -30.52% |
| 2020 | 20.5 | 74.55% |
| 2019 | 11.8 | 23.48% |
| 2018 | 9.52 | -49.25% |
| 2017 | 18.8 | 3.01% |
| 2016 | 18.2 | -150.32% |
| 2015 | -36.2 | -261.11% |
| 2014 | 22.5 | 56.71% |
| 2013 | 14.3 | 113.53% |
| 2012 | 6.71 | 12.42% |
| 2011 | 5.97 | -50.53% |
| 2010 | 12.1 | -199.59% |
| 2009 | -12.1 | -338.98% |
| 2008 | 5.07 | -49.74% |
| 2007 | 10.1 | 14.99% |
| 2006 | 8.78 | 8.74% |
| 2005 | 8.07 | -34.57% |
| 2004 | 12.3 | -60.49% |
| 2003 | 31.2 | 43.84% |
| 2002 | 21.7 | -229.29% |
| 2001 | -16.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 24.5 | 70.57% | 🇺🇸 USA |
 Steel Dynamics
STLD | 8.52 | -40.72% | 🇺🇸 USA |
 RBC Bearings RBC | 53.8 | 273.98% | 🇺🇸 USA |
 NN, Inc.
NNBR | -2.94 | -120.42% | 🇺🇸 USA |
 Altra Industrial Motion
AIMC | 238 | 1,557.64% | 🇺🇸 USA |
 Rexnord RXN | N/A | N/A | 🇺🇸 USA |
 Kaman KAMN | -26.7 | -285.85% | 🇺🇸 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.