The P/E ratio for Titan International stock stands at 11.13 as of May 3, 2024. This is calculated based on the TTM EPS of $0.9 and the stock price of $10.02 per share. An increase of 19% 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 11.13 price-to-earnings ratio is 48% 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 12.38.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVGI Commercial Vehicle Group Inc | 3.99 | $202.71M |
| AGCO Agco Corp | 7.55 | $8.34B |
| TWI Titan International Inc | 11.13 | $730.16M |
| CAT Caterpillar Inc | 15.13 | $164.76B |
| CSL Carlisle Companies Inc | 22.86 | $18.97B |
| DAN Dana Inc | 147.89 | $1.93B |
| GT Goodyear Tire & Rubber Co | N/A | $3.48B |
| SUP Superior Industries International Inc | N/A | $106.11M |
TWI stock has a price to earnings ratio of 11.13 as of May 3, 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 48% lower than the 6-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Titan International's share price is $10.02. 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 11.13. PE RATIO(11.13) = STOCK PRICE($10.02) / TTM EPS($0.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.