According to YETI Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3247. At the end of 2022 the company had a P/E ratio of 39.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 39.7 | 16.53% |
2021 | 34.1 | -10.39% |
2020 | 38.0 | -35.47% |
2019 | 58.9 | 173.95% |
2018 | 21.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -0.5225 | -101.40% | ๐บ๐ธ USA |
![]() | -1.78 | -104.77% | ๐บ๐ธ USA |
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.