Thor Industries
THO
#2486
Rank
$5.32 B
Marketcap
$99.81
Share price
-2.82%
Change (1 day)
25.26%
Change (1 year)

P/E ratio for Thor Industries (THO)

P/E ratio as of April 2024 (TTM): 9.52

According to Thor Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.52386. At the end of 2022 the company had a P/E ratio of 4.00.

P/E ratio history for Thor Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.00-45.08%
20217.29-59.38%
202018.0-25.33%
201924.0176.48%
20188.70-53.5%
201718.71.49%
201618.430.93%
201514.1-16.63%
201416.9-5.87%
201317.917.37%
201215.35.27%
201114.5-10.25%
201016.2-67.04%
200949.1302.03%
200812.2-17.81%
200714.8-10.89%
200616.7-6.44%
200517.8-2.42%
200418.3-65.59%
200353.0154.91%
200220.8-79.92%
2001104

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.50-21.28%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 55.98%๐Ÿ‡บ๐Ÿ‡ธ USA
18.2 91.27%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.