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Titanium Transportation Group (TSX:TTNM) Forward PE Ratio : 29.50 (As of May. 26, 2024)


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What is Titanium Transportation Group Forward PE Ratio?

Titanium Transportation Group's Forward PE Ratio for today is 29.50.

Titanium Transportation Group's PE Ratio without NRI for today is 24.83.

Titanium Transportation Group's PE Ratio for today is 13.81.


Titanium Transportation Group Forward PE Ratio Historical Data

The historical data trend for Titanium Transportation Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Titanium Transportation Group Forward PE Ratio Chart

Titanium Transportation Group Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
18.59 23.87 13.72 6.68 14.73 13.51 10.89 7.03 8.59 29.50

Titanium Transportation Group Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 18.59 11.38 34.01 17.01 23.87 45.05 45.25 14.25 13.72 15.08 13.00 9.23 6.68 7.26 9.17 10.00 14.73 13.33 312.50 15.80 13.51 17.21 18.35 9.03 10.89 10.86 6.27 5.95 7.03 8.73 7.42 7.47 8.59 20.83

Competitive Comparison of Titanium Transportation Group's Forward PE Ratio

For the Integrated Freight & Logistics subindustry, Titanium Transportation Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titanium Transportation Group's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Titanium Transportation Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Titanium Transportation Group's Forward PE Ratio falls into.



Titanium Transportation Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Titanium Transportation Group  (TSX:TTNM) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Titanium Transportation Group Forward PE Ratio Related Terms

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Titanium Transportation Group (TSX:TTNM) Business Description

Traded in Other Exchanges
Address
32 Simpson Road, Bolton, ON, CAN, L7E 1G9
Titanium Transportation Group Inc is assets-based transportation and logistics firm that provides services like truckload, dedicated, cross-border trucking services, freight logistics, warehousing, and distribution. The company operating segments namely, the Truck Transportation segment represents the pickup and delivery of full loads across Canada and the United States using a closed van, flatbed or other specialized equipment, and the logistics segment represents the brokering of freight across North America. Most of its revenue is earned through the Truck transportation segment. The group has a business presence in Canada and the United States.
Executives
Vic De Zen Director or Senior Officer of 10% Security Holder

Titanium Transportation Group (TSX:TTNM) Headlines

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