P/E ratio for Titan International (TWI)
P/E ratio as of April 2024 (TTM): 5.99
According to Titan International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.98985. At the end of 2022 the company had a P/E ratio of 5.47.
P/E ratio history for Titan International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.47 | -60.06% |
| 2021 | 13.7 | -379.07% |
| 2020 | -4.91 | 13.91% |
| 2019 | -4.31 | -106.47% |
| 2018 | 66.6 | -678.88% |
| 2017 | -11.5 | -11.78% |
| 2016 | -13.0 | 475.65% |
| 2015 | -2.26 | -60.8% |
| 2014 | -5.78 | -121.53% |
| 2013 | 26.8 | 181.7% |
| 2012 | 9.53 | -32.44% |
| 2011 | 14.1 | -112.27% |
| 2010 | -115 | 906.27% |
| 2009 | -11.4 | -154.55% |
| 2008 | 20.9 | -121.27% |
| 2007 | -98.5 | -222.15% |
| 2006 | 80.6 | 208.38% |
| 2005 | 26.1 | 3.85% |
| 2004 | 25.2 | -1539.27% |
| 2003 | -1.75 | 125.75% |
| 2002 | -0.7746 | -70.42% |
| 2001 | -2.62 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 20.5 | 241.91% | 🇺🇸 USA |
 Goodyear GT | -9.25 | -254.40% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -32.4 | -640.39% | 🇺🇸 USA |
 Cooper Tire & Rubber Company CTB | N/A | N/A | 🇺🇸 USA |
 Superior Industries International SUP | -0.9400 | -115.69% | 🇺🇸 USA |
 Dana DAN | -17.4 | -389.84% | 🇺🇸 USA |
 Carlisle Companies
CSL | 25.8 | 330.92% | 🇺🇸 USA |
 AGCO AGCO | 7.69 | 28.34% | 🇺🇸 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.