The current price-to-earnings ratio for Target Hospitality stock as of Nov 21, 2024 is 9.23. This is calculated based on the current EPS of $0.95 and the stock price of $8.77 per share. The P/E ratio has increased by 30% from the past four quarters average of 7.1.
The average historical PE ratio of Target Hospitality for the last seven years is 105.03. The current PE ratio of 9.23 is 91% below the historical average. In the past seven years, TH's PE ratio was at its highest in the Jun 2018 quarter at 972, when the stock price was $9.72 and the EPS was $0.01. The lowest value was in the Dec 2023 quarter, when it reached 5.69 with a price of $9.73 and an EPS of $1.71.
Maximum annual decrease: -71.44% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 5.69 | -71.44% |
2022 | 19.92 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | 38.46 | -54.21% |
2018 | 84 | N/A |
2017 | N/A | N/A |
The current PE ratio of TH is lower than the 3 and 5-year averages.
Compared to its peer stocks MAR and JOE, TH's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
TH Target Hospitality Corp | 9.23 | $867.71M |
MAR Marriott International Inc | 29.56 | $78.77B |
JOE ST JOE Co | 42.7 | $2.92B |
INTG Intergroup Corp | N/A | $30.3M |
The price to earnings ratio for TH stock as of Nov 21, 2024, stands at 9.23.
As an average over the last 3 years, TH stock has a PE ratio of 16.45.
As an average over the last 5 years, TH stock has a PE ratio of 17.61.
In the last seven years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 972.
The current price to earnings ratio of TH is 91% lower than the 7-year historical average.
TH's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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), Target Hospitality's stock price is $8.77. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.95. Therefore, Target Hospitality's P/E ratio for today is 9.23. PE RATIO(9.23) = STOCK PRICE($8.77) / TTM EPS($0.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.