P/E ratio for Topgolf Callaway Brands (MODG)
P/E ratio as of April 2024 (TTM): 27.3
According to Topgolf Callaway Brands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3276. At the end of 2022 the company had a P/E ratio of 23.0.
P/E ratio history for Topgolf Callaway Brands from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.0 | 116.76% |
| 2021 | 10.6 | -159.13% |
| 2020 | -17.9 | -171% |
| 2019 | 25.2 | 83.1% |
| 2018 | 13.8 | -57.45% |
| 2017 | 32.4 | 497.07% |
| 2016 | 5.43 | -85.6% |
| 2015 | 37.7 | -2.13% |
| 2014 | 38.5 | -218.74% |
| 2013 | -32.4 | 852.74% |
| 2012 | -3.40 | 77.85% |
| 2011 | -1.91 | -89.09% |
| 2010 | -17.5 | -23.22% |
| 2009 | -22.8 | -355.78% |
| 2008 | 8.93 | -57.98% |
| 2007 | 21.3 | -51.32% |
| 2006 | 43.7 | -40.05% |
| 2005 | 72.8 | -180.94% |
| 2004 | -90.0 | -473.89% |
| 2003 | 24.1 | 90.75% |
| 2002 | 12.6 | -44.65% |
| 2001 | 22.8 |
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.