P/E ratio for TechTarget (TTGT)
P/E ratio at the end of 2023: -47.6
According to TechTarget's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.5765. At the end of 2023 the company had a P/E ratio of -47.6.
P/E ratio history for TechTarget from 2021 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -47.6 | -105.02% |
| 2022 | 949 | 145.76% |
| 2021 | 386 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CoStar Group CSGP | 322 | -2,880.90% | 🇺🇸 USA |
 Shutterstock SSTK | 18.0 | -255.57% | 🇺🇸 USA |
 BrightView
BV | -813 | 6,918.53% | 🇺🇸 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.