P/E ratio for TechTarget (TTGT)
P/E ratio as of April 2024 (TTM): 30.6
According to TechTarget's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.6111. At the end of 2022 the company had a P/E ratio of 31.5.
P/E ratio history for TechTarget from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.5 | -98.68% |
| 2021 | > 1000 | 2367.97% |
| 2020 | 96.9 | 126.48% |
| 2019 | 42.8 | 68.2% |
| 2018 | 25.4 | -54.51% |
| 2017 | 55.9 | -46.93% |
| 2016 | 105 | 188.67% |
| 2015 | 36.5 | -60.15% |
| 2014 | 91.6 | -166.8% |
| 2013 | -137 | -371.76% |
| 2012 | 50.5 | 12.31% |
| 2011 | 44.9 | -116.99% |
| 2010 | -264 | 463.41% |
| 2009 | -46.9 | -176.02% |
| 2008 | 61.7 | -133.4% |
| 2007 | -185 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CoStar Group CSGP | 92.0 | 200.38% | 🇺🇸 USA |
 Shutterstock SSTK | 13.0 | -57.66% | 🇺🇸 USA |
 BrightView
BV | -126 | -511.25% | 🇺🇸 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.