According to Tile Shop Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6207. At the end of 2022 the company had a P/E ratio of 13.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.7 | -42.41% |
2021 | 23.8 | -33.67% |
2020 | 35.8 | -297.23% |
2019 | -18.2 | -169.62% |
2018 | 26.1 | -40.2% |
2017 | 43.6 | -19.65% |
2016 | 54.3 | -0.66% |
2015 | 54.7 | 29.28% |
2014 | 42.3 | -291.89% |
2013 | -22.0 | 38.79% |
2012 | -15.9 |
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.