The Toro Company
TTC
#1954
Rank
โ‚ฌ7.60 B
Marketcap
74,10ย โ‚ฌ
Share price
-1.03%
Change (1 day)
-7.58%
Change (1 year)

P/E ratio for The Toro Company (TTC)

P/E ratio as of November 2024 (TTM): 22.4

According to The Toro Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4432. At the end of 2022 the company had a P/E ratio of 26.8.

P/E ratio history for The Toro Company from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.82.05%
202126.2-15.12%
202030.9-0.35%
201931.042.02%
201821.8-17.68%
201726.5-0.24%
201626.631.68%
201520.2-2.89%
201420.8-12.42%
201323.719.82%
201219.822.12%
201116.2-25.53%
201021.8-8.31%
200923.8128.92%
200810.4-33.28%
200715.60.74%
200615.4-9.69%
200517.1-11.52%
200419.335.76%
200314.2-38.08%
200223.0102.27%
200111.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.8-47.31%๐Ÿ‡บ๐Ÿ‡ธ USA
6.28-72.00%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-17.91%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7-21.27%๐Ÿ‡บ๐Ÿ‡ธ USA
19.7-12.40%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.