Taylor Price Earnings Ratio from 2010 to 2024

TAYD Stock  USD 48.08  2.01  4.36%   
Taylor Devices' Price Earnings Ratio is increasing over the years with very volatile fluctuation. Price Earnings Ratio is expected to dwindle to 13.92. During the period from 2010 to 2024 Taylor Devices Price Earnings Ratio annual values regression line had geometric mean of  17.05 and mean square error of  351.55. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
18.97357446
Current Value
13.92
Quarterly Volatility
18.11959197
 
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Check Taylor Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taylor Devices' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Total Revenue of 46.8 M or Gross Profit of 21.9 M, as well as many indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.064 or PTB Ratio of 1.76. Taylor financial statements analysis is a perfect complement when working with Taylor Devices Valuation or Volatility modules.
  
Check out the analysis of Taylor Devices Correlation against competitors.
For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.

Latest Taylor Devices' Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Taylor Devices over the last few years. It is Taylor Devices' Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taylor Devices' overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Very volatile
   Price Earnings Ratio   
       Timeline  

Taylor Price Earnings Ratio Regression Statistics

Arithmetic Mean20.97
Geometric Mean17.05
Coefficient Of Variation86.39
Mean Deviation10.99
Median14.52
Standard Deviation18.12
Sample Variance328.32
Range73.7725
R-Value0.08
Mean Square Error351.55
R-Squared0.01
Significance0.79
Slope0.31
Total Sum of Squares4,596

Taylor Price Earnings Ratio History

2024 13.92
2023 18.97
2022 10.35
2021 14.52
2020 39.24
2019 12.28
2018 15.12

About Taylor Devices Financial Statements

Taylor Devices stakeholders use historical fundamental indicators, such as Taylor Devices' Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Taylor Devices investors may analyze each financial statement separately, they are all interrelated. For example, changes in Taylor Devices' assets and liabilities are reflected in the revenues and expenses on Taylor Devices' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Taylor Devices. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 18.97  13.92 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Taylor Devices is a strong investment it is important to analyze Taylor Devices' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Taylor Devices' future performance. For an informed investment choice regarding Taylor Stock, refer to the following important reports:
Check out the analysis of Taylor Devices Correlation against competitors.
For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taylor Devices. If investors know Taylor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taylor Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.629
Earnings Share
2.91
Revenue Per Share
14.228
Quarterly Revenue Growth
0.171
Return On Assets
0.1071
The market value of Taylor Devices is measured differently than its book value, which is the value of Taylor that is recorded on the company's balance sheet. Investors also form their own opinion of Taylor Devices' value that differs from its market value or its book value, called intrinsic value, which is Taylor Devices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taylor Devices' market value can be influenced by many factors that don't directly affect Taylor Devices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taylor Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taylor Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taylor Devices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.