P/E ratio for TTEC (TTEC)
P/E ratio as of June 2024 (TTM): 4.54
According to TTEC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.53676. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for TTEC from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | -33.02% |
| 2021 | 30.1 | 4.77% |
| 2020 | 28.7 | 20.3% |
| 2019 | 23.9 | -34.84% |
| 2018 | 36.6 | -85.44% |
| 2017 | 252 | 477.36% |
| 2016 | 43.6 | 98.26% |
| 2015 | 22.0 | 35.5% |
| 2014 | 16.2 | -11.25% |
| 2013 | 18.3 | 32.44% |
| 2012 | 13.8 | 11.58% |
| 2011 | 12.4 | -50.15% |
| 2010 | 24.8 | 42.43% |
| 2009 | 17.4 | 125.28% |
| 2008 | 7.73 | -72.37% |
| 2007 | 28.0 | -9.76% |
| 2006 | 31.0 | -7.35% |
| 2005 | 33.5 | 10.54% |
| 2004 | 30.3 | -209.87% |
| 2003 | -27.6 | -20.28% |
| 2002 | -34.6 | -92.76% |
| 2001 | -478 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 21.7 | 379.11% | 🇺🇸 USA |
 Xerox XRX | 12.9 | 184.49% | 🇺🇸 USA |
 Accenture ACN | 26.1 | 475.93% | 🇮🇪 Ireland |
 Sykes Enterprises
SYKE | N/A | N/A | 🇺🇸 USA |
 StarTek
SRT | 55.3 | 1,117.83% | 🇺🇸 USA |
 TD Synnex SNX | 18.7 | 311.37% | 🇺🇸 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.