Terex
TEX
#2873
Rank
$4.17 B
Marketcap
$62.07
Share price
-0.62%
Change (1 day)
34.93%
Change (1 year)

P/E ratio for Terex (TEX)

P/E ratio as of April 2024 (TTM): 8.67

According to Terex 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.66899. At the end of 2022 the company had a P/E ratio of 9.71.

P/E ratio history for Terex from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.71-29.97%
202113.9-105.56%
2020-249-727.64%
201939.7111.71%
201818.8-47.1%
201735.5-287.79%
2016-18.9-238.95%
201513.641.83%
20149.58-53.45%
201320.6-29.7%
201229.3-6.8%
201131.4237.06%
20109.32-281.63%
2009-5.13-121.04%
200824.4123.22%
200710.9-49.57%
200621.7-19.37%
200526.985.58%
200414.5-224.59%
2003-11.6-93.74%
2002-186-576.34%
200139.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.3 133.88%๐Ÿ‡บ๐Ÿ‡ธ USA
23.1 166.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.73-154.61%๐Ÿ‡บ๐Ÿ‡ธ USA
54.1 524.09%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0 73.33%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3 30.01%๐Ÿ‡บ๐Ÿ‡ธ USA
9.61 10.83%๐Ÿ‡บ๐Ÿ‡ธ 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.