Tejon Ranch
TRC
#6075
Rank
$0.45 B
Marketcap
$17.01
Share price
2.66%
Change (1 day)
-3.19%
Change (1 year)

P/E ratio for Tejon Ranch (TRC)

P/E ratio as of April 2024 (TTM): 31.0

According to Tejon Ranch 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.963. At the end of 2022 the company had a P/E ratio of 31.9.

P/E ratio history for Tejon Ranch from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.9-66.53%
202195.4-119.81%
2020-482-1355.06%
201938.4-62.96%
2018104-140.46%
2017-256-140.27%
2016636364.77%
201513725.36%
2014109-40.64%
201318448.47%
2012124317.11%
201129.7-78.9%
2010141-198.37%
2009-143-239.84%
20081028.51%
200794.3-127.22%
2006-346-178.68%
2005440-67.39%
2004> 1000-796.42%
2003-194-106.58%
2002> 100024.19%
2001> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.6 18.17%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.5-133.83%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-64.67%๐Ÿ‡บ๐Ÿ‡ธ USA
35.7 15.19%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2-15.25%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-64.44% Cayman Islands

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.