TravelCenters of America
TA
#5059
Rank
โ‚น110.74 B
Marketcap
โ‚น7,334
Share price
0.00%
Change (1 day)
75.36%
Change (1 year)

P/E ratio for TravelCenters of America (TA)

P/E ratio on July 14, 2023 (TTM): 9.03

According to TravelCenters of America's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.03361. At the end of 2022 the company had a P/E ratio of 4.06.

P/E ratio history for TravelCenters of America from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.06-68.49%
202112.9
20194.19-437.24%
2018-1.24-107.28%
201717.1-114.44%
2016-118-1018.97%
201512.965.3%
20147.79

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.8 141.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.76-174.83%๐Ÿ‡บ๐Ÿ‡ธ USA
32.8 263.17%๐Ÿ‡บ๐Ÿ‡ธ USA
9.64 6.76%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.