P/E ratio for YETI Holdings (YETI)
P/E ratio as of May 2024 (TTM): 44.7
According to YETI Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.6623. At the end of 2022 the company had a P/E ratio of 39.7.
P/E ratio history for YETI Holdings from 2018 to 2023
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Peloton PTON | -1.08 | -102.42% | 🇺🇸 USA |
 Nautilus NLS | -0.5225 | -101.17% | 🇺🇸 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.