P/E ratio for TAT Technologies (TATT)
P/E ratio as of May 2024 (TTM): 47.9
According to TAT Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.8715. At the end of 2022 the company had a P/E ratio of -32.1.
P/E ratio history for TAT Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -32.1 | 103.62% |
| 2021 | -15.8 | 108.94% |
| 2020 | -7.55 | -116.45% |
| 2019 | 45.9 | -473.24% |
| 2018 | -12.3 | -132.8% |
| 2017 | 37.5 | -95.71% |
| 2016 | 875 | 7704.05% |
| 2015 | 11.2 | -71.47% |
| 2014 | 39.3 | 57.97% |
| 2013 | 24.9 | -189.16% |
| 2012 | -27.9 | -16.72% |
| 2011 | -33.5 | 423.05% |
| 2010 | -6.40 | -116.17% |
| 2009 | 39.6 | 452.42% |
| 2008 | 7.17 | 57.97% |
| 2007 | 4.54 | -71.53% |
| 2006 | 15.9 | 41.11% |
| 2005 | 11.3 | 8.06% |
| 2004 | 10.5 | 22.02% |
| 2003 | 8.57 | 91.25% |
| 2002 | 4.48 | 35.59% |
| 2001 | 3.31 |
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.