P/E ratio for Townsquare Media (TSQ)
P/E ratio as of April 2024 (TTM): N/A
According to Townsquare Media's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 10.1.
P/E ratio history for Townsquare Media from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.1 | -19.17% |
| 2021 | 12.5 | -951.11% |
| 2020 | -1.46 | -42.3% |
| 2019 | -2.54 | 28.09% |
| 2018 | -1.98 | -85.56% |
| 2017 | -13.7 | -265.99% |
| 2016 | 8.26 | -59.93% |
| 2015 | 20.6 | -241.85% |
| 2014 | -14.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 iHeartMedia
IHRT | -0.2153 | N/A | 🇺🇸 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.