P/E ratio for Travel + Leisure (TNL)
P/E ratio as of April 2024 (TTM): 9.54
According to Travel + Leisure's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.54468. At the end of 2022 the company had a P/E ratio of 8.50.
P/E ratio history for Travel + Leisure from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.50 | -45.37% |
| 2021 | 15.6 | -202.73% |
| 2020 | -15.2 | -262.14% |
| 2019 | 9.35 | 76.56% |
| 2018 | 5.29 | -18.63% |
| 2017 | 6.51 | 5.3% |
| 2016 | 6.18 | -2.23% |
| 2015 | 6.32 | -31.12% |
| 2014 | 9.17 | -10.1% |
| 2013 | 10.2 | 19.8% |
| 2012 | 8.52 | 29.68% |
| 2011 | 6.57 | 3.93% |
| 2010 | 6.32 | 13.83% |
| 2009 | 5.55 | -1235.99% |
| 2008 | -0.4888 | -110.25% |
| 2007 | 4.77 | -52.16% |
| 2006 | 9.97 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 St. Joe Company
JOE | 35.3 | 269.46% | 🇺🇸 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.