P/E ratio for Twin Disc (TWIN)
P/E ratio as of May 2024 (TTM): 19.9
According to Twin Disc 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.9221. At the end of 2022 the company had a P/E ratio of 14.3.
P/E ratio history for Twin Disc from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.3 | -243.46% |
| 2021 | -9.96 | 240.16% |
| 2020 | -2.93 | -81.93% |
| 2019 | -16.2 | -257.11% |
| 2018 | 10.3 | -105.05% |
| 2017 | -204 | 1411.89% |
| 2016 | -13.5 | -61.45% |
| 2015 | -35.1 | -253.62% |
| 2014 | 22.8 | -91.7% |
| 2013 | 275 | 1981.79% |
| 2012 | 13.2 | -14.56% |
| 2011 | 15.5 | -52.9% |
| 2010 | 32.8 | -21.42% |
| 2009 | 41.8 | 1033.4% |
| 2008 | 3.68 | -80.32% |
| 2007 | 18.7 | 71.4% |
| 2006 | 10.9 | -17.88% |
| 2005 | 13.3 | 33.27% |
| 2004 | 9.98 | -41.26% |
| 2003 | 17.0 | -268.81% |
| 2002 | -10.1 | -228.78% |
| 2001 | 7.82 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 18.9 | -5.14% | 🇺🇸 USA |
 Cummins
CMI | 14.2 | -28.80% | 🇺🇸 USA |
 Malibu Boats MBUU | 7.26 | -63.57% | 🇺🇸 USA |
 Brunswick Corporation BC | 11.5 | -42.06% | 🇺🇸 USA |
 Marine Products Corporation MPX | 8.07 | -59.49% | 🇺🇸 USA |
 Allison Transmission
ALSN | 10.6 | -46.99% | 🇺🇸 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.