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.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.06 | -68.49% |
2021 | 12.9 | |
2019 | 4.19 | -437.24% |
2018 | -1.24 | -107.28% |
2017 | 17.1 | -114.44% |
2016 | -118 | -1018.97% |
2015 | 12.9 | 65.3% |
2014 | 7.79 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
20.6 | 127.56% | ๐บ๐ธ USA | |
-6.83 | -175.56% | ๐บ๐ธ USA | |
31.0 | 243.59% | ๐บ๐ธ USA | |
9.17 | 1.50% | ๐บ๐ธ USA |
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.