TEX Terex PE ratio, current and historical analysis
The current PE ratio for Terex stock as of Oct 22, 2024 is 7.34. This is calculated based on the current EPS of $7.36 and the stock price of $54.02 per share. The P/E ratio has a decrease of 7% from the past four quarters average of 7.9.
TEX PE ratio history
The average historical PE ratio of Terex for the last ten years is 24.93. The current PE ratio of 7.34 is 71% below the historical average. Over the past ten years, TEX's PE ratio was at its highest in the Jun 2019 quarter at 142.73, when the stock price was $31.4 and the EPS was $0.22. The lowest value was in the Jun 2024 quarter, when it reached 7.45 with a price of $54.84 and an EPS of $7.36.
Terex PE ratio by year
Maximum annual increase: 111.83% in 2019
Maximum annual decrease: -53.68% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.49 | -23.18% |
| 2022 | 9.75 | -29.65% |
| 2021 | 13.86 | N/A |
| 2020 | N/A | N/A |
| 2019 | 38.68 | 111.83% |
| 2018 | 18.26 | -47.36% |
| 2017 | 34.69 | N/A |
| 2016 | N/A | N/A |
| 2015 | 13.59 | 41.86% |
| 2014 | 9.58 | -53.68% |
TEX average PE ratio chart
The current PE ratio of TEX is below the 3, 5 and 10-year averages.
TEX PE vs peers
Compared to its peers CAT and OSK, TEX's PE ratio stands lower, however it is higher than HY's. Terex's current PE ratio of 7.34 is below the average of its peers, which is 17.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HY Hyster-Yale Materials Handling Inc | 6.43 | $1.14B |
| TEX Terex Corp | 7.19 | $3.54B |
| OSK Oshkosh Corp | 9.93 | $6.74B |
| MNTX Manitex International Inc | 11.17 | $116.16M |
| CAT Caterpillar Inc | 17.48 | $187.03B |
| CMCO Columbus Mckinnon Corp | 20.48 | $946.12M |
| MTW Manitowoc Co Inc | 37.13 | $339.05M |
| ASTE Astec Industries Inc | N/A | $699.98M |
| NC Nacco Industries Inc | N/A | $202.07M |
Frequently asked questions
What is Terex's PE ratio?
TEX stock has a price to earnings ratio of 7.34 as of Oct 22, 2024.
What is the 3-year average PE ratio for Terex (TEX)?
The 3-year average PE ratio for TEX stock is 9.07.
What is the 5-year average PE ratio for Terex (TEX)?
The 5-year average PE ratio for TEX stock is 21.07.
What is the highest PE ratio for TEX?
In the last ten years, the Jun 2019 quarter recorded the highest quarterly PE ratio at 142.73.
How does the current PE ratio for TEX compare to its historical average?
The current price to earnings ratio of TEX is 71% lower than the 10-year historical average.
Why is Terex's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is TEX's PE ratio calculated (Terex PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 22, 2024), Terex's stock price is $54.02. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $7.36. Therefore, Terex's P/E ratio for today is 7.34. PE RATIO(7.34) = STOCK PRICE($54.02) / TTM EPS($7.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.