TNC Tennant PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: TNC
- PE Ratio
As of May 19, 2025, the Tennant stock's PE ratio is 21.08. This takes into account the latest EPS of $3.64 and stock price of $76.74. The PE ratio has an increase of 15% from its last 4 quarters average of 18.4.
TNC PE ratio history
The PE ratio of Tennant has averaged 63.93 over the last ten years. The current price-to-earnings ratio of 21.08 is 67% 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.
Tennant PE ratio by year
Maximum annual increase: 57.08% in 2013
Maximum annual decrease: -39.46% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 18.28 | 16.73% | $81.53 | $4.46 |
| 2023 | 15.66 | -8.95% | $92.69 | $5.92 |
| 2022 | 17.2 | -25.51% | $61.57 | $3.58 |
| 2021 | 23.09 | -39.46% | $81.04 | $3.51 |
| 2020 | 38.14 | 23.83% | $70.17 | $1.84 |
| 2019 | 30.8 | 9.92% | $77.92 | $2.53 |
| 2018 | 28.02 | N/A | $52.11 | $1.86 |
| 2017 | N/A | N/A | $72.65 | -$0.35 |
| 2016 | 26.77 | -15.31% | $71.2 | $2.66 |
| 2015 | 31.61 | 21.76% | $56.26 | $1.78 |
| 2014 | 25.96 | -15.77% | $72.17 | $2.78 |
| 2013 | 30.82 | 57.08% | $67.81 | $2.2 |
| 2012 | 19.62 | -12.18% | $43.95 | $2.24 |
| 2011 | 22.34 | 7.61% | $38.87 | $1.74 |
| 2010 | 20.76 | N/A | $38.41 | $1.85 |
Tennant PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 21.91 | 19.86% | $79.75 | $3.64 |
| Dec 2024 | 18.28 | 9.86% | $81.53 | $4.46 |
| Sep 2024 | 16.64 | -0.42% | $96.04 | $5.77 |
| Jun 2024 | 16.71 | -15.9% | $98.44 | $5.89 |
| Mar 2024 | 19.87 | 26.88% | $121.61 | $6.12 |
| Dec 2023 | 15.66 | 16.78% | $92.69 | $5.92 |
| Sep 2023 | 13.41 | -15.02% | $74.15 | $5.53 |
| Jun 2023 | 15.78 | -0.06% | $81.11 | $5.14 |
| Mar 2023 | 15.79 | -8.2% | $68.53 | $4.34 |
| Dec 2022 | 17.2 | -16.99% | $61.57 | $3.58 |
| Sep 2022 | 20.72 | 6.64% | $56.56 | $2.73 |
| Jun 2022 | 19.43 | -33.91% | $59.25 | $3.05 |
| Mar 2022 | 29.4 | 27.33% | $78.8 | $2.68 |
| Dec 2021 | 23.09 | 0.52% | $81.04 | $3.51 |
| Sep 2021 | 22.97 | -22.32% | $73.95 | $3.22 |
TNC Price vs fair value
TNC average PE ratio chart
The current PE ratio of TNC is higher than the 3-year average, but it is under its 5 and 10-year averages.
TNC PE vs peers
TNC's PE ratio is less than its peer stocks SXI and EVI, but it is above MIDD's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MIDD Middleby Corp | 18.69 | $8.08B |
| TNC Tennant Co | 21.08 | $1.43B |
| SXI Standex International Corp | 30.59 | $1.89B |
| EVI Evi Industries Inc | 36.35 | $236.55M |
Frequently asked questions
What is Tennant's PE ratio?
TNC stock has a price to earnings ratio of 21.08 as of May 19, 2025.
What is the 3-year average PE ratio for Tennant (TNC)?
The 3-year average PE ratio for TNC stock is 17.62.
What is the 5-year average PE ratio for Tennant (TNC)?
The 5-year average PE ratio for TNC stock is 21.71.
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 67% 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 19, 2025), Tennant's share price is $76.74. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $3.64. Therefore, Tennant's price to earnings ratio for today is 21.08. PE RATIO(21.08) = STOCK PRICE($76.74) / TTM EPS($3.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.