P/E ratio for The Toro Company (TTC)
P/E ratio as of April 2024 (TTM): 24.2
According to The Toro Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.1551. At the end of 2022 the company had a P/E ratio of 26.8.
P/E ratio history for The Toro Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.8 | 2.05% |
| 2021 | 26.2 | -15.12% |
| 2020 | 30.9 | -0.35% |
| 2019 | 31.0 | 42.02% |
| 2018 | 21.8 | -17.68% |
| 2017 | 26.5 | -0.24% |
| 2016 | 26.6 | 31.68% |
| 2015 | 20.2 | -2.89% |
| 2014 | 20.8 | -12.42% |
| 2013 | 23.7 | 19.82% |
| 2012 | 19.8 | 22.12% |
| 2011 | 16.2 | -25.53% |
| 2010 | 21.8 | -8.31% |
| 2009 | 23.8 | 128.92% |
| 2008 | 10.4 | -33.28% |
| 2007 | 15.6 | 0.74% |
| 2006 | 15.4 | -9.69% |
| 2005 | 17.1 | -11.52% |
| 2004 | 19.3 | 35.76% |
| 2003 | 14.2 | -38.08% |
| 2002 | 23.0 | 102.27% |
| 2001 | 11.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Deere & Company DE | 11.6 | -51.94% | 🇺🇸 USA |
 Lindsay Corporation
LNN | 18.0 | -25.42% | 🇺🇸 USA |
 Douglas Dynamics
PLOW | 19.0 | -21.52% | 🇺🇸 USA |
 Alamo Group ALG | 19.5 | -19.34% | 🇺🇸 USA |
 AGCO AGCO | 7.69 | -68.18% | 🇺🇸 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.