P/E ratio for Tempur Sealy (TPX)
P/E ratio as of April 2024 (TTM): 21.7
According to Tempur Sealy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.7043. At the end of 2022 the company had a P/E ratio of 13.2.
P/E ratio history for Tempur Sealy from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.2 | -10.78% |
| 2021 | 14.7 | -8.4% |
| 2020 | 16.1 | -35.66% |
| 2019 | 25.0 | 12.4% |
| 2018 | 22.3 | 0.48% |
| 2017 | 22.2 | 12.58% |
| 2016 | 19.7 | -66.49% |
| 2015 | 58.7 | 91.41% |
| 2014 | 30.7 | -30.64% |
| 2013 | 44.2 | 138.77% |
| 2012 | 18.5 | 15.31% |
| 2011 | 16.1 | -10.58% |
| 2010 | 18.0 | -14.09% |
| 2009 | 20.9 | 133.01% |
| 2008 | 8.97 | -38.83% |
| 2007 | 14.7 | -5.34% |
| 2006 | 15.5 | 36.13% |
| 2005 | 11.4 | -58.64% |
| 2004 | 27.5 | 509.27% |
| 2003 | 4.52 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Leggett & Platt
LEG | 11.5 | -47.12% | 🇺🇸 USA |
 Hooker Furniture HOFT | -17.7 | -181.52% | 🇺🇸 USA |
 La-Z-Boy
LZB | 10.2 | -52.92% | 🇺🇸 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.