Tredegar
TG
#7276
Rank
$0.20 B
Marketcap
$5.82
Share price
-1.85%
Change (1 day)
-15.16%
Change (1 year)

P/E ratio for Tredegar (TG)

P/E ratio as of July 2024 (TTM): -8.69

According to Tredegar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.68657. At the end of 2022 the company had a P/E ratio of 12.0.

P/E ratio history for Tredegar from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.077%
20216.79-192.34%
2020-7.36-148.06%
201915.3-26.64%
201820.926.08%
201716.6-48.97%
201632.4-335.74%
2015-13.8-169.74%
201419.7-52.75%
201341.879.94%
201223.2-19.59%
201128.923.59%
201023.3-107.38%
2009-316-1579.32%
200821.4-48.13%
200741.280.53%
200622.8-27.36%
200531.417.61%
200426.7-218.77%
2003-22.5-89.5%
2002-214-388.35%
200174.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
11.8-235.79%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-235.16%๐Ÿ‡บ๐Ÿ‡ธ 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.