P/E ratio for Titan Machinery (TITN)
P/E ratio as of March 2025 (TTM): 3.51
According to Titan Machinery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.51198. At the end of 2022 the company had a P/E ratio of 8.47.
P/E ratio history for Titan Machinery from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.47 | -50.38% |
| 2021 | 17.1 | -25.81% |
| 2020 | 23.0 | -21.77% |
| 2019 | 29.4 | 62.01% |
| 2018 | 18.1 | -165.17% |
| 2017 | -27.8 | 255.38% |
| 2016 | -7.83 | -0.18% |
| 2015 | -7.85 | -86.59% |
| 2014 | -58.5 | -481.46% |
| 2013 | 15.3 | 33.54% |
| 2012 | 11.5 | 0.98% |
| 2011 | 11.4 | -48.72% |
| 2010 | 22.2 | 69.17% |
| 2009 | 13.1 | -12.32% |
| 2008 | 15.0 | 51.85% |
| 2007 | 9.85 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 5.20 | 48.12% | 🇺🇸 USA |
 | 6.28 | 78.88% | 🇺🇸 USA |
 | 27.6 | 685.72% | 🇺🇸 USA |
 | 20.4 | 480.06% | 🇺🇸 USA |
 | -0.0171 | -100.49% | 🇺🇸 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.