Tidewater
TDW
#3820
Rank
ยฃ2.03 B
Marketcap
ยฃ38.97
Share price
0.66%
Change (1 day)
-30.66%
Change (1 year)

P/E ratio for Tidewater (TDW)

P/E ratio as of December 2024 (TTM): 49.5

According to Tidewater's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.4949. At the end of 2022 the company had a P/E ratio of -65.8.

P/E ratio history for Tidewater from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-65.81835.4%
2021-3.4091.25%
2020-1.78-66.16%
2019-5.2567.52%
2018-3.14

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.89-82.03%๐Ÿ‡บ๐Ÿ‡ธ USA
32.3-34.79%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.