TGLS Tecnoglass PE ratio, current and historical analysis
The PE ratio for Tecnoglass stock stands at 24.4 as of Nov 21, 2024. This results from the current EPS of $3.19 and stock price of $77.83. An increase of 51% has been seen in the P/E ratio compared to the average of 16.2 of the last 4 quarters.
TGLS PE ratio history
Over the last ten years, the average PE ratio of Tecnoglass has been 25.79. The current 24.4 PE ratio is 5% below the historical average. Over the past ten years, TGLS's PE ratio was at its highest in the Sep 2015 quarter at 196, with a price of $13.72 and an EPS of $0.07. The Mar 2015 quarter recorded the bottom point at 7.27, with a price of $9.3 and an EPS of $1.28.
Tecnoglass PE ratio by year
Maximum annual increase: 259.03% in 2014
Maximum annual decrease: -59.11% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.87 | 26.14% |
| 2022 | 9.41 | -48.61% |
| 2021 | 18.31 | 34.34% |
| 2020 | 13.63 | -9.13% |
| 2019 | 15 | -59.11% |
| 2018 | 36.68 | -20.16% |
| 2017 | 45.94 | 166.32% |
| 2016 | 17.25 | N/A |
| 2015 | N/A | N/A |
| 2014 | 26.03 | 259.03% |
TGLS average PE ratio chart
The current PE ratio of TGLS is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
TGLS PE vs peers
Compared to its peer AWI, TGLS's PE ratio stands lower, however it is higher than PPG's and GFF's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GFF Griffon Corp | 18.43 | $3.89B |
| PPG Ppg Industries Inc | 19.35 | $28.46B |
| TGLS Tecnoglass Inc | 24.4 | $3.66B |
| AWI Armstrong World Industries Inc | 27.56 | $6.85B |
| OI O-I Glass Inc | N/A | $1.99B |
Frequently asked questions
What is Tecnoglass's PE ratio?
TGLS's price to earnings ratio is 24.4 as of Nov 21, 2024.
What is the 3-year average PE ratio for Tecnoglass (TGLS)?
The average PE ratio for TGLS stock over the past 3 years is 12.95.
What is the 5-year average PE ratio for Tecnoglass (TGLS)?
The average PE ratio for TGLS stock over the past 5 years is 14.61.
What is the highest PE ratio for TGLS?
In the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 196.
How does the current PE ratio for TGLS compare to its historical average?
TGLS's price to earnings ratio is currently 5% below its 10-year historical average.
How is TGLS's PE ratio calculated (Tecnoglass PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Tecnoglass's stock price is $77.83. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.19. Therefore, Tecnoglass's P/E ratio for today is 24.4. PE RATIO(24.4) = STOCK PRICE($77.83) / TTM EPS($3.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.