P/E ratio for TrueBlue (TBI)
P/E ratio as of September 2023 (TTM): 30.1
According to TrueBlue's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.0816. At the end of 2021 the company had a P/E ratio of 15.6.
P/E ratio history for TrueBlue from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.6 | -417% |
| 2020 | -4.93 | -133.41% |
| 2019 | 14.8 | 9.46% |
| 2018 | 13.5 | -33.31% |
| 2017 | 20.2 | -130.35% |
| 2016 | -66.6 | -547.42% |
| 2015 | 14.9 | 7.08% |
| 2014 | 13.9 | -40.12% |
| 2013 | 23.2 | 25.34% |
| 2012 | 18.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Robert Half RHI | 14.4 | -52.01% | 🇺🇸 USA |
 Kforce KFRC | 19.1 | -36.49% | 🇺🇸 USA |
 Kelly Services
KELYA | 455 | 1,411.72% | 🇺🇸 USA |
 Barrett Business Services BBSI | 13.4 | -55.35% | 🇺🇸 USA |
 ManpowerGroup MAN | 12.3 | -59.10% | 🇺🇸 USA |
 ASGN ASGN | 17.1 | -43.30% | 🇺🇸 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.