Timken Company
TKR
#2518
Rank
โ‚น489.59 B
Marketcap
โ‚น6,981
Share price
2.42%
Change (1 day)
13.58%
Change (1 year)

P/E ratio for Timken Company (TKR)

P/E ratio as of September 2024 (TTM): 13.5

According to Timken Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5175. At the end of 2022 the company had a P/E ratio of 12.8.

P/E ratio history for Timken Company from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.8-10.53%
202114.3-30.52%
202020.574.55%
201911.823.48%
20189.52-49.25%
201718.83.01%
201618.2-150.32%
2015-36.2-261.11%
201422.556.71%
201314.3113.53%
20126.7112.42%
20115.97-50.53%
201012.1-199.59%
2009-12.1-338.98%
20085.07-49.74%
200710.114.99%
20068.788.74%
20058.07-34.57%
200412.3-60.49%
200331.243.84%
200221.7-229.29%
2001-16.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
53.9 298.77%๐Ÿ‡บ๐Ÿ‡ธ USA
238 1,663.53%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.24-123.99%๐Ÿ‡บ๐Ÿ‡ธ USA
7.35-45.62%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
25.1 85.33%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.7-297.73%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.