P/E ratio for Tractor Supply (TSCO)
P/E ratio as of September 2023 (TTM): 20.2
According to Tractor Supply's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1619. At the end of 2021 the company had a P/E ratio of 27.5.
P/E ratio history for Tractor Supply from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 27.5 | 26.12% |
| 2020 | 21.8 | 9.63% |
| 2019 | 19.9 | 3.65% |
| 2018 | 19.2 | -15.06% |
| 2017 | 22.6 | -1.99% |
| 2016 | 23.0 | -18.34% |
| 2015 | 28.2 | -3.7% |
| 2014 | 29.3 | -11.24% |
| 2013 | 33.0 | 44.96% |
| 2012 | 22.8 | 0.96% |
| 2011 | 22.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 98.4 | 388.16% | 🇺🇸 USA |
 Home Depot HD | 18.8 | -6.51% | 🇺🇸 USA |
 LKQ Corporation LKQ | 13.1 | -35.27% | 🇺🇸 USA |
 Lowe's Companies LOW | 20.5 | 1.70% | 🇺🇸 USA |
 Sherwin-Williams SHW | 27.8 | 38.07% | 🇺🇸 USA |
 Titan Machinery TITN | 5.05 | -74.93% | 🇺🇸 USA |
 POOLCORP POOL | 22.2 | 10.31% | 🇺🇸 USA |
 Conn's
CONN | -0.6784 | -103.36% | 🇺🇸 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.