TimkenSteel
TMST
#5321
Rank
$0.89 B
Marketcap
$20.40
Share price
1.04%
Change (1 day)
13.65%
Change (1 year)

P/E ratio for TimkenSteel (TMST)

P/E ratio as of May 2024 (TTM): -408

According to TimkenSteel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -408. At the end of 2022 the company had a P/E ratio of 13.4.

P/E ratio history for TimkenSteel from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.4201.21%
20214.44-231.07%
2020-3.385.91%
2019-3.20-74.04%
2018-12.3-19.77%
2017-15.3154.73%
2016-6.0219.32%
2015-5.05-131.49%
201416.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.71-102.13%๐Ÿ‡บ๐Ÿ‡ธ USA
8.58-102.10%๐Ÿ‡บ๐Ÿ‡ธ USA
7.12-101.74%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.