P/E ratio for TTM Technologies (TTMI)
P/E ratio as of June 2023 (TTM): 20.5
According to TTM Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.5214. At the end of 2021 the company had a P/E ratio of 29.2.
P/E ratio history for TTM Technologies from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 29.2 | 274.86% |
| 2020 | 7.79 | -79.8% |
| 2019 | 38.6 | 566.3% |
| 2018 | 5.79 | -54.91% |
| 2017 | 12.8 | -66.08% |
| 2016 | 37.9 | -268.66% |
| 2015 | -22.4 | -150.68% |
| 2014 | 44.3 | 39.39% |
| 2013 | 31.8 | -829.61% |
| 2012 | -4.36 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SigmaTron International SGMA | 7.04 | -65.70% | 🇺🇸 USA |
 Sanmina SANM | 11.6 | -43.28% | 🇺🇸 USA |
 Plexus PLXS | 15.5 | -24.44% | 🇺🇸 USA |
 Flex FLEX | 14.8 | -28.08% | 🇸🇬 Singapore |
 Jabil JBL | 13.3 | -35.17% | 🇺🇸 USA |
 Benchmark Electronics
BHE | 12.6 | -38.40% | 🇺🇸 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.