P/E ratio for TravelCenters of America (TA)
P/E ratio as of May 2024 (TTM): 9.03
According to TravelCenters of America's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.03361. At the end of 2022 the company had a P/E ratio of 4.06.
P/E ratio history for TravelCenters of America from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.06 | -68.49% |
| 2021 | 12.9 | |
| 2019 | 4.19 | -437.24% |
| 2018 | -1.24 | -107.28% |
| 2017 | 17.1 | -114.44% |
| 2016 | -118 | -1018.97% |
| 2015 | 12.9 | 65.3% |
| 2014 | 7.79 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Goodyear GT | -9.49 | -205.03% | 🇺🇸 USA |
 Lithia Motors LAD | 6.73 | -25.52% | 🇺🇸 USA |
 Casey's General Stores
CASY | 25.3 | 179.79% | 🇺🇸 USA |
 Murphy USA
MUSA | 16.3 | 79.88% | 🇺🇸 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.