As of May 3, 2024, the Titan Machinery stock's PE ratio is 4.63. This takes into account the latest EPS of $4.93 and stock price of $22.82. The PE ratio marks a decrease of 20% from its last 4 quarters average of 5.8.
The PE ratio of Titan Machinery has averaged 17.45 over the last six years. The current P/E ratio of 4.63 is 73% lower than the historical average. Looking back at the last six years, TITN's PE ratio peaked in the Jul 2018 quarter at 43.26, when the price was $15.14 and the EPS was $0.35. The lowest point was in the Oct 2023 quarter, when it reached 5.3 with a price of $24.84 and an EPS of $4.69.
Maximum annual increase: 27.81% in 2021
Maximum annual decrease: -57.57% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 5.42 | -44.47% |
| 2023 | 9.76 | -7.14% |
| 2022 | 10.51 | -57.57% |
| 2021 | 24.77 | 27.81% |
| 2020 | 19.38 | -43.12% |
| 2019 | 34.07 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
The current PE ratio of TITN is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks GWW and TSCO, TITN's PE ratio is lower. Titan Machinery's PE ratio is trading below the peer average of 19.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TITN Titan Machinery Inc | 4.63 | $521.41M |
| AGCO Agco Corp | 7.55 | $8.34B |
| PLOW Douglas Dynamics Inc | 19.62 | $543.63M |
| GWW Ww Grainger Inc | 25.62 | $45.73B |
| TSCO Tractor Supply Co | 26.62 | $29.16B |
| CONN Conns Inc | N/A | $83.37M |
The price to earnings ratio for TITN stock as of May 3, 2024, stands at 4.63.
The 3-year average price to earnings ratio for TITN stock is 9.06.
The 5-year average price to earnings ratio for TITN stock is 14.52.
Over the last six years, the quarterly PE ratio reached its highest level at 43.26 in the Jul 2018 quarter.
TITN's price to earnings ratio is currently 73% below its 6-year historical average.
TITN's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 4.63 is considered low.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Titan Machinery's share price is $22.82. The company's earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $4.93. Therefore, Titan Machinery's PE ratio for today is 4.63. PE RATIO(4.63) = STOCK PRICE($22.82) / TTM EPS($4.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.