Titan Machinery
TITN
#4725
Rank
$0.99 B
Marketcap
$43.94
Share price
0.27%
Change (1 day)
42.66%
Change (1 year)

P/E ratio for Titan Machinery (TITN)

P/E ratio as of January 2023 (TTM): 9.22

According to Titan Machinery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.22321. At the end of 2021 the company had a P/E ratio of 17.1.

P/E ratio history for Titan Machinery from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202117.1-25.1%
202022.9-23.13%
201929.863.13%
201818.2-165.51%
2017-27.8255.38%
2016-7.83-0.18%
2015-7.85-92.78%
2014-109-808.76%
201315.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.0 127.31%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4 164.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-21.4-331.88%๐Ÿ‡บ๐Ÿ‡ธ USA
26.0 182.32%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1 30.68%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.