The P/E ratio for Titan International stock stands at 9.67 as of Jul 26, 2024. This is calculated based on the TTM EPS of $0.9 and the stock price of $8.7 per share. An increase of 3.5% has been observed in the PE ratio compared to its average of 9.3 of the past four quarters.
Over the last six years, the average PE ratio of Titan International has been 21.24. The current 9.67 price-to-earnings ratio is 54% less than the historical average. Analyzing the last six years, TWI's PE ratio reached its highest point in the Sep 2021 quarter at 89.5, with a price of $7.16 and an EPS of $0.08. The Mar 2023 quarter saw the lowest point at 3.56, with a price of $10.48 and an EPS of $2.94.
Maximum annual increase: 115.9% in 2023
Maximum annual decrease: -60.07% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.81 | 115.9% |
| 2022 | 5.47 | -60.07% |
| 2021 | 13.7 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 77.67 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
TWI's current PE ratio is under its 3, 5 and 10-year averages.
When compared to its peers CAT and CSL, TWI's PE ratio is lower, but it is higher than AGCO's and CVGI's. Titan International's PE ratio is trading below the peer average of 10.4.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVGI Commercial Vehicle Group Inc | 4.04 | $184.61M |
| AGCO Agco Corp | 6.99 | $7.72B |
| TWI Titan International Inc | 9.67 | $633.98M |
| CSL Carlisle Companies Inc | 14.83 | $19.64B |
| CAT Caterpillar Inc | 15.74 | $171.48B |
| DAN Dana Inc | 132.44 | $1.73B |
| GT Goodyear Tire & Rubber Co | N/A | $3.44B |
| SUP Superior Industries International Inc | N/A | $94.38M |
TWI stock has a price to earnings ratio of 9.67 as of Jul 26, 2024.
As an average over the last 3 years, TWI stock has a PE ratio of 16.1.
As an average over the last 5 years, TWI stock has a PE ratio of 16.1.
Over the last six years, the quarterly PE ratio reached its highest level at 89.5 in the Sep 2021 quarter.
The current PE ratio of TWI is 54% lower than the 6-year historical average.
TWI's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), Titan International's share price is $8.7. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.9. Therefore, Titan International's price to earnings ratio for today is 9.67. PE RATIO(9.67) = STOCK PRICE($8.7) / TTM EPS($0.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.