Tiptree
TIPT
#5849
Rank
A$1.23 B
Marketcap
$33.36
Share price
1.76%
Change (1 day)
25.37%
Change (1 year)

P/E ratio for Tiptree (TIPT)

P/E ratio as of November 2024 (TTM): 104

According to Tiptree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 104.476. At the end of 2022 the company had a P/E ratio of -53.2.

P/E ratio history for Tiptree from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-53.2-542.63%
202112.0-301.23%
2020-5.98-138.18%
201915.7121.23%
20187.08-85.73%
201749.6544.99%
20167.69-76.21%
201532.338.75%
201423.3220.47%
20137.27-48.64%
201214.2254.86%
20113.9916.2%
20103.43

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.5-110.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-69.2-166.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-109-203.87%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.