TCMD Tactile Systems Technology PE ratio, current and historical analysis
The PE ratio for Tactile Systems Technology stock stands at 24.52 as of Nov 21, 2024. This is calculated based on the TTM EPS of $0.65 and the stock price of $15.94 per share. An increase of 75% has been observed in the PE ratio compared to its average of 14.0 of the last four quarters.
TCMD PE ratio history
Over the last eight years, the average PE ratio of Tactile Systems Technology has been 115.04. The current 24.52 P/E ratio is 79% lower than the historical average. Looking back at the last eight years, TCMD's PE ratio peaked in the Jun 2023 quarter at 831, with a price of $24.93 and an EPS of $0.03. The Jun 2024 quarter marked the lowest point at 8.59, with a price of $11.94 and an EPS of $1.39.
Tactile Systems Technology PE ratio by year
Maximum annual increase: 48.44% in 2018
Maximum annual decrease: -8.01% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.53 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 116.4 | -8.01% |
| 2018 | 126.53 | 48.44% |
| 2017 | 85.24 | -6.5% |
| 2016 | 91.17 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
TCMD average PE ratio chart
Currently, TCMD's PE ratio is lower than its 3 and 5-year averages.
TCMD PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| TCMD Tactile Systems Technology Inc | 24.52 | $382.51M |
| NVRO Nevro Corp | N/A | $163.38M |
| OFIX Orthofix Medical Inc | N/A | $713.84M |
| NURO NeuroMetrix Inc | N/A | $8.48M |
Frequently asked questions
What is Tactile Systems Technology's PE ratio?
As of Nov 21, 2024, TCMD stock has a price to earnings ratio of 24.52.
What is the 3-year average PE ratio for Tactile Systems Technology (TCMD)?
The 3-year average price to earnings ratio for TCMD stock is 149.99.
What is the 5-year average PE ratio for Tactile Systems Technology (TCMD)?
The 5-year average price to earnings ratio for TCMD stock is 129.03.
What is the highest PE ratio for TCMD?
Over the last eight years, the quarterly PE ratio reached its highest level at 831 in the Jun 2023 quarter.
How does the current PE ratio for TCMD compare to its historical average?
The current PE ratio of TCMD is 79% lower than the 8-year historical average.
How is TCMD's PE ratio calculated (Tactile Systems Technology PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Tactile Systems Technology's share price is $15.94. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.65. Therefore, Tactile Systems Technology's PE ratio for today is 24.52. PE RATIO(24.52) = STOCK PRICE($15.94) / TTM EPS($0.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.