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TNC Tennant PE ratio, current and historical analysis

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.

TNC PE ratio history

How has TNC's PE ratio performed in the past

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.


Tennant PE ratio by year

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%

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
5-year avg
10-year avg
15-year avg

TNC PE vs peers

What is TNC's PE ratio compared to its peers

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

Frequently asked questions

What is Tennant's PE ratio?

TNC stock has a price to earnings ratio of 14.75 as of Sep 28, 2023.

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

The 3-year average PE ratio for TNC stock is 23.78.

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

The 5-year average PE ratio for TNC stock is 27.25.

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 78% 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 (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.