According to Titan International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.34772. At the end of 2022 the company had a P/E ratio of 5.47.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.47 | -60.06% |
2021 | 13.7 | -379.07% |
2020 | -4.91 | 13.91% |
2019 | -4.31 | -106.47% |
2018 | 66.6 | -678.88% |
2017 | -11.5 | -11.78% |
2016 | -13.0 | 475.65% |
2015 | -2.26 | -60.8% |
2014 | -5.78 | -121.53% |
2013 | 26.8 | 181.7% |
2012 | 9.53 | -32.44% |
2011 | 14.1 | -112.27% |
2010 | -115 | 906.27% |
2009 | -11.4 | -154.55% |
2008 | 20.9 | -121.27% |
2007 | -98.5 | -222.15% |
2006 | 80.6 | 208.38% |
2005 | 26.1 | 3.85% |
2004 | 25.2 | -1539.27% |
2003 | -1.75 | 125.75% |
2002 | -0.7746 | -70.42% |
2001 | -2.62 |
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.