TimkenSteel
TMST
#4859
Rank
$0.88 B
Marketcap
$19.96
Share price
-3.81%
Change (1 day)
42.27%
Change (1 year)

P/E ratio for TimkenSteel (TMST)

P/E ratio as of January 2023 (TTM): 5.96

According to TimkenSteel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.95821. At the end of 2021 the company had a P/E ratio of 4.44.

P/E ratio history for TimkenSteel from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214.44
2019-3.93-68.07%
2018-12.3-19.77%
2017-15.3142.84%
2016-6.3225.16%
2015-5.05-131.49%
201416.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.23-12.15%๐Ÿ‡บ๐Ÿ‡ธ USA
5.01-15.89%๐Ÿ‡บ๐Ÿ‡ธ USA
2.18-63.37%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.