As of May 3, 2024, the TTGT stock has a P/E ratio of 175.0. The calculation is based on the latest EPS of $0.16 and the stock price of $28 per share. An increase of 102% has been observed in the PE ratio compared to its average of 86.5 of the past four quarters.
The mean historical PE ratio of TechTarget over the last ten years is 166.72. The current 175.0 price-to-earnings ratio is 5% more than the historical average. Analyzing the last ten years, TTGT's PE ratio reached its highest point in the Dec 2021 quarter at 3,188.67, with a price of $95.66 and an EPS of $0.03. The Dec 2018 quarter saw the lowest point at 25.98, with a price of $12.21 and an EPS of $0.47.
Maximum annual increase: 3,190.68% in 2021
Maximum annual decrease: -99.02% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 217.88 | 597.22% |
| 2022 | 31.25 | -99.02% |
| 2021 | 3,188.67 | 3,190.68% |
| 2020 | 96.9 | 126.45% |
| 2019 | 42.79 | 64.7% |
| 2018 | 25.98 | -53.34% |
| 2017 | 55.68 | -47.78% |
| 2016 | 106.63 | 192.14% |
| 2015 | 36.5 | -61.48% |
| 2014 | 94.75 | N/A |
The current PE ratio of TTGT is above its 10-year average, but it is under its 3 and 5-year averages.
When compared to its peer stocks CSGP and SSTK, TTGT's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SSTK Shutterstock Inc | 15.09 | $1.41B |
| CSGP Costar Group Inc | 126.71 | $37.25B |
| TTGT TechTarget Inc | 175 | $799.31M |
| IHS IHS Holding Ltd | N/A | $1.26B |
TTGT's price to earnings ratio is 175 as of May 3, 2024.
As an average over the last 3 years, TTGT stock has a PE ratio of 406.47.
As an average over the last 5 years, TTGT stock has a PE ratio of 261.49.
Over the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 3,188.67.
TTGT's current price to earnings ratio is 5% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), TechTarget's share price is $28. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.16. Therefore, TechTarget's price to earnings ratio for today is 175. PE RATIO(175) = STOCK PRICE($28) / TTM EPS($0.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.