TAL Education Group
TAL
#2912
Rank
โ‚น374.19 B
Marketcap
โ‚น619.24
Share price
-0.66%
Change (1 day)
2.94%
Change (1 year)
Categories

P/E ratio for TAL Education Group (TAL)

P/E ratio as of September 2024 (TTM): -49.4

According to TAL Education Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -49.3716. At the end of 2022 the company had a P/E ratio of -22.4.

P/E ratio history for TAL Education Group from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-22.4962.59%
2021-2.11-99.81%
2020< -1000-427.96%
2019344669.95%
201844.7-52.84%
201794.854.09%
201661.577.45%
201534.78.64%
201431.9-7.1%
201334.457.48%
201221.8-25.6%
201129.3-48.95%
201057.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.2-120.65%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-142.93%๐Ÿ‡บ๐Ÿ‡ธ USA
9.06-118.34%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
8.62-117.47%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

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.