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TNC Tennant PE ratio, current and historical analysis

As of May 17, 2024, the Tennant stock's PE ratio is 17.14. This takes into account the latest EPS of $6.12 and stock price of $104.9. The PE ratio has an increase of 6% from its last 4 quarters average of 16.2.

TNC PE ratio history

How has TNC's PE ratio performed in the past

The PE ratio of Tennant has averaged 64.89 over the last ten years. The current price-to-earnings ratio of 17.14 is 74% 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 Sep 2023 quarter, when it reached 13.41 with a price of $74.15 and an EPS of $5.53.

Average
64.89
Median
28.02
Minimum
13.41
Maximum
1,354

Tennant PE ratio by year

Maximum annual increase: 23.83% in 2020

Maximum annual decrease: -39.46% in 2021

Year PE ratio Change
2023 15.66 -8.95%
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%

TNC average PE ratio chart

What is the average PE ratio of TNC for the past years

The current PE ratio of TNC is under its 3, 5 and 10-year averages.

3-year avg
20.24
5-year avg
23.69
10-year avg
64.89
15-year avg
52.22

TNC PE vs peers

What is TNC's PE ratio compared to its peers

TNC's PE ratio is below its peer stocks MIDD and SXI.

Stock name PE ratio Market cap
TNC Tennant Co 17.14 $1.99B
MIDD Middleby Corp 18.38 $7.16B
SXI Standex International Corp 27.94 $2.07B
EVI Evi Industries Inc 53.37 $257.17M

Frequently asked questions

What is Tennant's PE ratio?

TNC stock has a price to earnings ratio of 17.14 as of May 17, 2024.

What is the 3-year average PE ratio for Tennant (TNC)?

The 3-year average PE ratio for TNC stock is 20.24.

What is the 5-year average PE ratio for Tennant (TNC)?

The 5-year average PE ratio for TNC stock is 23.69.

What is the highest PE ratio for TNC?

Over the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 1,354.

How does the current PE ratio for TNC compare to its historical average?

TNC's price to earnings ratio is currently 74% below its 10-year historical average.

How is TNC's PE ratio calculated (Tennant PE ratio formula)?

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 (May 17, 2024), Tennant's share price is $104.9. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.12. Therefore, Tennant's price to earnings ratio for today is 17.14. PE RATIO(17.14) = STOCK PRICE($104.9) / TTM EPS($6.12)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.