As of Sep 28, 2023, the Tennant stock's PE ratio is 14.75. This takes into account the latest EPS of $5.14 and stock price of $75.83. The PE ratio has decreased by 15% from its last 4 quarters average of 17.4.
The PE ratio of Tennant has averaged 65.84 over the last ten years. The current price-to-earnings ratio of 14.75 is 78% less than the historical average. Analyzing the last ten years, TNC's PE ratio reached its highest point in the Mar 2018 quarter at 1,354, when the price was $67.7 and the EPS was $0.05. The lowest point was recorded in the Jun 2023 quarter, when it reached 15.78 with a price of $81.11 and an EPS of $5.14.
Maximum annual increase: 57.08% in 2013
Maximum annual decrease: -39.46% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 17.2 | -25.51% |
| 2021 | 23.09 | -39.46% |
| 2020 | 38.14 | 23.83% |
| 2019 | 30.8 | 9.92% |
| 2018 | 28.02 | N/A |
| 2017 | N/A | N/A |
| 2016 | 26.77 | -15.31% |
| 2015 | 31.61 | 21.76% |
| 2014 | 25.96 | -15.77% |
| 2013 | 30.82 | 57.08% |
The current PE ratio of TNC is under its 3, 5 and 10-year averages.
TNC's PE ratio is less than its peer stocks MIDD and EVI, but it is above SXI's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SXI Standex International Corp | 12.25 | $1.71B |
| TNC Tennant Co | 14.46 | $1.38B |
| MIDD Middleby Corp | 15.14 | $6.85B |
| EVI Evi Industries Inc | 37.08 | $307.7M |
TNC stock has a price to earnings ratio of 14.75 as of Sep 28, 2023.
The 3-year average PE ratio for TNC stock is 23.78.
The 5-year average PE ratio for TNC stock is 27.25.
Over the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 1,354.
TNC's price to earnings ratio is currently 78% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Sep 28, 2023), Tennant's share price is $75.83. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $5.14. Therefore, Tennant's price to earnings ratio for today is 14.75. PE RATIO(14.75) = STOCK PRICE($75.83) / TTM EPS($5.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.