According to Travel + Leisure's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.11489. At the end of 2022 the company had a P/E ratio of 8.50.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.50 | -45.37% |
2021 | 15.6 | -202.73% |
2020 | -15.2 | -262.14% |
2019 | 9.35 | 76.56% |
2018 | 5.29 | -18.63% |
2017 | 6.51 | 5.3% |
2016 | 6.18 | -2.23% |
2015 | 6.32 | -31.12% |
2014 | 9.17 | -10.1% |
2013 | 10.2 | 19.8% |
2012 | 8.52 | 29.68% |
2011 | 6.57 | 3.93% |
2010 | 6.32 | 13.83% |
2009 | 5.55 | -1235.99% |
2008 | -0.4888 | -110.25% |
2007 | 4.77 | -52.16% |
2006 | 9.97 |
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.