P/E ratio for Tapestry (TPR)
P/E ratio as of May 2024 (TTM): 9.80
According to Tapestry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.79545. At the end of 2022 the company had a P/E ratio of 11.1.
P/E ratio history for Tapestry from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.1 | -16.63% |
| 2021 | 13.4 | -166.6% |
| 2020 | -20.1 | -253.16% |
| 2019 | 13.1 | -1.86% |
| 2018 | 13.3 | -65.62% |
| 2017 | 38.8 | 101.64% |
| 2016 | 19.2 | -22.4% |
| 2015 | 24.8 | 35.99% |
| 2014 | 18.2 | 13.04% |
| 2013 | 16.1 | 6.93% |
| 2012 | 15.1 | -19.19% |
| 2011 | 18.7 | -4.83% |
| 2010 | 19.6 | 8.46% |
| 2009 | 18.1 | 91.55% |
| 2008 | 9.44 | -39.18% |
| 2007 | 15.5 | -43.99% |
| 2006 | 27.7 | -8.56% |
| 2005 | 30.3 | -24.23% |
| 2004 | 40.0 | 0.66% |
| 2003 | 39.7 | 53.9% |
| 2002 | 25.8 | 11.94% |
| 2001 | 23.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tapestry TPR | 9.80 | 0.00% | 🇺🇸 USA |
 Vera Bradley
VRA | -11.8 | -220.60% | 🇺🇸 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.