TNC Tennant PE ratio, current and historical analysis
As of Nov 21, 2024, the Tennant stock's PE ratio is 15.23. This takes into account the latest EPS of $5.77 and stock price of $87.89. The PE ratio has decreased by 12% from its last 4 quarters average of 17.2.
TNC PE ratio history
The PE ratio of Tennant has averaged 64.18 over the last ten years. The current price-to-earnings ratio of 15.23 is 76% 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: 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
The current PE ratio of TNC is under its 3, 5 and 10-year averages.
TNC PE vs peers
TNC's PE ratio is below its peer stocks MIDD and SXI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNC Tennant Co | 15.23 | $1.66B |
| MIDD Middleby Corp | 18.99 | $7.46B |
| SXI Standex International Corp | 32.81 | $2.44B |
| EVI Evi Industries Inc | 36.54 | $242.01M |
Frequently asked questions
What is Tennant's PE ratio?
TNC stock has a price to earnings ratio of 15.23 as of Nov 21, 2024.
What is the 3-year average PE ratio for Tennant (TNC)?
The 3-year average PE ratio for TNC stock is 18.64.
What is the 5-year average PE ratio for Tennant (TNC)?
The 5-year average PE ratio for TNC stock is 22.4.
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 76% 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 (Nov 21, 2024), Tennant's share price is $87.89. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.77. Therefore, Tennant's price to earnings ratio for today is 15.23. PE RATIO(15.23) = STOCK PRICE($87.89) / TTM EPS($5.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.