P/E ratio for Thor Industries (THO)
P/E ratio as of April 2024 (TTM): 9.60
According to Thor Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.59828. 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 |
|---|---|---|
| 2022 | 4.00 | -45.08% |
| 2021 | 7.29 | -59.38% |
| 2020 | 18.0 | -25.33% |
| 2019 | 24.0 | 176.48% |
| 2018 | 8.70 | -53.5% |
| 2017 | 18.7 | 1.49% |
| 2016 | 18.4 | 30.93% |
| 2015 | 14.1 | -16.63% |
| 2014 | 16.9 | -5.87% |
| 2013 | 17.9 | 17.37% |
| 2012 | 15.3 | 5.27% |
| 2011 | 14.5 | -10.25% |
| 2010 | 16.2 | -67.04% |
| 2009 | 49.1 | 302.03% |
| 2008 | 12.2 | -17.81% |
| 2007 | 14.8 | -10.89% |
| 2006 | 16.7 | -6.44% |
| 2005 | 17.8 | -2.42% |
| 2004 | 18.3 | -65.59% |
| 2003 | 53.0 | 154.91% |
| 2002 | 20.8 | -79.92% |
| 2001 | 104 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Winnebago Industries WGO | 7.58 | -21.02% | 🇺🇸 USA |
 Patrick Industries PATK | 14.9 | 55.67% | 🇺🇸 USA |
 Skyline Champion SKY | 18.4 | 91.22% | 🇺🇸 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.