P/E ratio for Titan International (TWI)
P/E ratio as of June 2023 (TTM): 3.60
According to Titan International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.59694. At the end of 2021 the company had a P/E ratio of 13.7.
P/E ratio history for Titan International from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.7 | -379.07% |
| 2020 | -4.91 | 13.91% |
| 2019 | -4.31 | |
| 2017 | -11.5 | -16.9% |
| 2016 | -13.8 | 506.16% |
| 2015 | -2.28 | -67.78% |
| 2014 | -7.09 | -126.41% |
| 2013 | 26.8 | 181.7% |
| 2012 | 9.53 | -32.93% |
| 2011 | 14.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 17.8 | 394.70% | 🇺🇸 USA |
 Goodyear GT | 18.4 | 410.71% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -18.8 | -622.46% | 🇺🇸 USA |
 Cooper Tire & Rubber Company CTB | N/A | N/A | 🇺🇸 USA |
 Superior Industries International SUP | -7.20 | -300.06% | 🇺🇸 USA |
 Dana DAN | -8.24 | -329.11% | 🇺🇸 USA |
 Carlisle Companies
CSL | 12.7 | 252.93% | 🇺🇸 USA |
 AGCO AGCO | 9.19 | 155.37% | 🇺🇸 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.