The current PE ratio for Toro stock as of Jul 25, 2024 is 37.65. This is calculated based on the TTM EPS of $2.55 and the stock price of $96 per share. The PE ratio has increased by 23% from its last 4 quarters average of 30.6.
The average historical PE ratio of Toro for the last ten years is 25.29. The current price-to-earnings ratio of 37.65 is 49% more than the historical average. Analyzing the last ten years, TTC's PE ratio reached its highest point in the May 2024 quarter at 34.63, when the price was $88.31 and the EPS was $2.55. The lowest point was recorded in the Jan 2016 quarter, when it reached 19.61 with a price of $37.26 and an EPS of $1.9.
Maximum annual increase: 36.41% in 2019
Maximum annual decrease: -13.56% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.58 | 2.65% |
| 2022 | 24.92 | -0.28% |
| 2021 | 24.99 | -6.86% |
| 2020 | 26.83 | -10.6% |
| 2019 | 30.01 | 36.41% |
| 2018 | 22 | -13.56% |
| 2017 | 25.45 | 11.62% |
| 2016 | 22.8 | 9.67% |
| 2015 | 20.79 | 3.74% |
| 2014 | 20.04 | -8.87% |
TTC's current PE ratio is higher than the 3, 5 and 10-year averages.
TTC's PE ratio is above its peer stocks DE and AGCO. Toro's current PE ratio of 37.65 is more than the average of its peers, which is 15.06.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGCO Agco Corp | 6.99 | $7.72B |
| DE Deere & Co | 11.58 | $106.52B |
| ALG Alamo Group Inc | 17.24 | $2.35B |
| LNN Lindsay Corp | 18.92 | $1.36B |
| PLOW Douglas Dynamics Inc | 21.85 | $605.53M |
| TTC Toro Co | 37.95 | $10.05B |
TTC's price to earnings ratio is 37.65 as of Jul 25, 2024.
The 3-year average PE ratio for TTC stock is 26.88.
The 5-year average PE ratio for TTC stock is 27.26.
The current PE of 37.65 represents the highest historical value in the last ten years.
The current PE ratio of TTC is 49% higher than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Toro's share price is $96. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $2.55. Therefore, Toro's price to earnings ratio for today is 37.65. PE RATIO(37.65) = STOCK PRICE($96) / TTM EPS($2.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.