TPIC - TPI Composites Inc Stock Price, Fair Value and News

2.70USD-0.04 (-1.46%)Market Closed

Market Summary

USD2.70-0.04

Market Closed

-1.46%

TPIC Stock Price

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TPIC RSI Chart

TPIC Valuation

Market Cap

127.5M

Price/Earnings (Trailing)

-0.63

Price/Sales (Trailing)

0.09

EV/EBITDA

-2.98

Price/Free Cashflow

-1.09

TPIC Price/Sales (Trailing)

TPIC Profitability

Operating Margin

-6.02%

EBT Margin

-12.29%

Return on Equity

164.98%

Return on Assets

-25.09%

Free Cashflow Yield

-91.81%

TPIC Fundamentals

TPIC Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

-26.17%

Rev. Growth (Qtr)

-20.35%

TPIC Earnings

Earnings (TTM)

-201.8M

Earnings Growth (Yr)

-35.44%

Earnings Growth (Qtr)

-1.38%

Breaking Down TPIC Revenue

Last 7 days

3.9%

Last 90 days

1.5%

Trailing 12 Months

-79.0%

How does TPIC drawdown profile look like?

TPIC Financial Health

Current Ratio

1.3

Debt/Equity

-3.39

Debt/Cashflow

-0.2

TPIC Investor Care

Shares Dilution (1Y)

11.92%

Diluted EPS (TTM)

-4.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.6B	1.6B	1.6B	1.5B
2022	1.4B	1.3B	1.2B	1.5B
2021	1.7B	1.8B	1.8B	1.5B
2020	1.5B	1.5B	1.6B	1.7B
2019	1.1B	1.2B	1.3B	1.4B
2018	1.0B	991.6M	993.1M	1.0B
2017	787.4M	832.7M	887.3M	955.2M
2016	666.4M	710.9M	748.2M	754.9M
2015	387.0M	453.3M	519.6M	585.9M
2014	0	0	0	320.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of TPI Composites Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 21, 2024	siwek william e	acquired	-	-	12,034	president and ceo
Mar 21, 2024	fishbach steven g	acquired	-	-	2,252	general counsel and secretary
Mar 21, 2024	lavine jerrold i	sold (taxes)	-2,088	2.88	-725	president, automotive
Mar 21, 2024	fishbach steven g	sold (taxes)	-2,684	2.88	-932	general counsel and secretary
Mar 21, 2024	siwek william e	sold (taxes)	-14,852	2.88	-5,157	president and ceo
Mar 21, 2024	lavine jerrold i	acquired	-	-	2,534	president, automotive
Mar 21, 2024	miller ryan d.	sold (taxes)	-3,611	2.88	-1,254	chief financial officer
Mar 21, 2024	miller ryan d.	acquired	-	-	4,927	chief financial officer
Mar 21, 2024	gossar adan	sold (taxes)	-1,212	2.88	-421	chief accounting officer
Mar 21, 2024	gossar adan	acquired	-	-	1,408	chief accounting officer

Which funds bought or sold TPIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Iron Horse Wealth Management, LLC	unchanged	-	-361	856	-%
Apr 12, 2024	Guinness Atkinson Asset Management Inc	reduced	-2.78	-20,107	43,400	0.02%
Apr 11, 2024	Guinness Asset Management LTD	reduced	-17.67	-847,524	1,160,020	0.02%
Apr 11, 2024	First Affirmative Financial Network	added	0.19	-15,324	36,493	0.03%
Apr 10, 2024	Green Alpha Advisors, LLC	added	2.87	-253,688	662,395	0.48%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	added	22.71	-143	896	-%
Apr 05, 2024	GAMMA Investing LLC	sold off	-100	-891	-	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	new	-	146,725	146,725	-%
Apr 05, 2024	CWM, LLC	added	94.85	-	2,000	-%
Apr 03, 2024	Peoples Bank/KS	unchanged	-	-12,300	29,100	0.02%

Are Funds Buying or Selling TPIC?

Are funds buying TPIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TPIC

No. of Funds

Unveiling TPI Composites Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	point72 asset management, l.p.	7.0%	3,240,430	SC 13G/A
Feb 13, 2024	vanguard group inc	5.20%	2,214,541	SC 13G
Jan 29, 2024	blackrock inc.	6.3%	2,948,043	SC 13G/A
Dec 22, 2023	oaktree capital group, llc	6.01%	2,794,890	SC 13D
Oct 05, 2023	point72 asset management, l.p.	4.8%	2,063,800	SC 13G
Jan 23, 2023	blackrock inc.	10.1%	4,243,479	SC 13G/A
Sep 12, 2022	oaktree holdings, llc	1.1%	425,699	SC 13D/A
Feb 07, 2022	blackrock inc.	10.5%	3,881,844	SC 13G/A
Jan 31, 2022	bnp paribas asset management uk ltd	6.74%	2,514,361	SC 13G
Dec 02, 2021	oaktree holdings, llc	7.6%	2,835,000	SC 13D

Recent SEC filings of TPI Composites Inc

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	PRE 14A	PRE 14A
Apr 09, 2024	8-K	Current Report
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading

Peers (Alternatives to TPI Composites Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	182.8B	67.1B	1.15%	60.21%	17.69	2.73	12.84%	54.12%
GE	166.4B	68.0B	-11.83%	54.44%	17.56	2.45	16.96%	2688.24%
CMI	41.3B	34.1B	3.69%	24.28%	49.21	1.21	21.34%	-61.52%
AME	41.0B	6.6B	-2.55%	28.87%	31.19	6.21	7.26%	13.25%
ACM	12.7B	14.9B	-0.46%	12.84%	205.12	0.85	12.31%	-81.65%
MID-CAP
APG	9.1B	6.9B	-1.76%	74.85%	59.68	1.32	5.64%	109.59%
FLR	6.7B	15.5B	-0.08%	30.46%	48.22	0.43	12.59%	-4.48%
FLS	6.0B	4.3B	1.69%	35.97%	32.06	1.39	19.51%	-1.03%
ACA	3.7B	2.3B	-7.70%	26.60%	23.13	1.6	2.90%	-35.23%
ALG	2.5B	1.7B	0.65%	15.72%	18.11	1.46	11.63%	33.59%
SMALL-CAP
AMRC	967.7M	1.4B	-6.92%	-58.66%	15.49	0.7	-24.65%	-34.19%
NKLA	881.5M	35.8M	6.45%	-27.47%	-0.91	24.6	-27.93%	-23.21%
AGX	807.6M	573.3M	21.44%	59.52%	24.96	1.41	26.00%	-2.24%
AMSC	361.2M	135.4M	-10.78%	181.77%	-22.02	2.67	-25.90%	65.37%
ADES	238.3M	99.2M	16.78%	258.50%	-19.46	2.4	-3.69%	-37.37%

TPI Composites Inc News

Latest updates

TPI Composites Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-20.3%	296,986,000	372,860,000	381,271,000	404,066,000	402,276,000	384,438,000	392,502,000	343,525,000	129,266,000	479,599,000	458,841,000	404,680,000	465,571,000	474,113,000	373,817,000	356,636,000	422,113,000	383,836,000	330,771,000	299,780,000	290,057,000
Cost Of Revenue	-14.4%	328,690,000	384,036,000	428,644,000	401,361,000	386,311,000	385,550,000	393,737,000	342,498,000	175,333,000	486,729,000	450,515,000	397,410,000	-13,433,000	433,640,000	378,564,000	360,509,000	391,311,000	357,905,000	308,220,000	301,216,000	277,492,000
Gross Profit	-183.7%	-31,704,000	-11,176,000	-47,373,000	2,705,000	15,965,000	-1,112,000	-1,235,000	1,027,000	-46,067,000	-7,130,000	8,326,000	7,270,000	32,246,000	40,473,000	-4,747,000	-3,873,000	30,802,000	25,931,000	22,551,000	-1,436,000	12,565,000
S&GA Expenses	-76.9%	6,623,000	28,709,000	6,767,000	7,034,000	9,771,000	8,030,000	6,688,000	7,860,000	5,427,000	8,185,000	6,712,000	8,922,000	7,850,000	9,263,000	6,887,000	9,496,000	12,115,000	10,608,000	9,208,000	7,985,000	11,634,000
EBITDA Margin	-62.7%	-0.09	-0.05	-0.02	0.01	0.02	-0.03	-0.04	-0.04	-0.04	-0.02	0.00	-0.01	-	-	-	-	-	-	-	-	-
Interest Expenses	273.3%	6,078,000	1,628,000	1,878,000	2,528,000	2,157,000	1,210,000	955,000	707,000	5,587,000	2,662,000	2,691,000	2,704,000	2,968,000	3,093,000	2,545,000	1,771,000	1,619,000	2,130,000	2,274,000	1,999,000	2,041,000
Income Taxes	-32.7%	5,382,000	8,000,000	300,000	3,860,000	17,900,000	2,900,000	5,882,000	2,944,000	-7,275,000	8,200,000	28,900,000	7,102,000	5,491,000	-32,338,000	49,312,000	-15,028,000	8,402,000	18,838,000	475,000	-4,600,000	3,324,000
Earnings Before Taxes	-10.9%	-54,012,000	-48,723,000	-64,870,000	-11,286,000	-8,718,000	-3,934,000	-4,837,000	-8,448,000	-83,833,000	-22,429,000	-10,907,000	-8,899,000	-55,718,000	10,044,000	-16,789,000	-15,520,000	7,541,000	14,267,000	2,303,000	-16,704,000	-5,524,000
EBT Margin	-43.6%	-0.12	-0.09	-0.06	-0.02	-0.02	-0.08	-0.09	-0.09	-0.09	-0.05	-0.04	-0.04	-	-	-	-	-	-	-	-	-
Net Income	-1.4%	-57,600,000	-56,815,000	-65,237,000	-22,127,000	-42,528,000	-1,467,000	-5,510,000	-15,800,000	-87,277,000	-30,677,000	-39,797,000	-1,797,000	5,184,000	42,382,000	-66,101,000	-492,000	-861,000	-4,571,000	1,828,000	-12,104,000	-8,848,000
Net Income Margin	-15.9%	-0.14	-0.12	-0.08	-0.05	-0.04	-0.09	-0.10	-0.12	-0.11	-0.04	0.00	-0.01	-	-	-	-	-	-	-	-	-
Free Cashflow	26.2%	-15,355,000	-20,806,000	6,188,000	-87,136,000	15,483,000	-29,416,000	19,399,000	-86,570,000	-4,265,000	-28,065,000	-18,268,000	-12,046,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-6.0%	804	855	945	993	962	950	982	996	1,008	963	941	954	956	986	895	915	827	821	788	782	605
Current Assets	-10.6%	503	562	643	686	645	607	620	615	660	599	558	537	548	565	499	478	468	468	429	430	414
Cash Equivalents	0.3%	161	161	170	164	134	87.00	143	120	216	119	123	136	82.00	149	97.00	109	61.00	92.00	59.00	78.00	85.00
Inventory	63.0%	9.00	6.00	7.00	15.00	11.00	15.00	14.00	18.00	10.00	11.00	13.00	12.00	11.00	15.00	12.00	10.00	7.00	12.00	10.00	6.00	6.00
Net PPE	0.6%	129	128	130	131	137	157	167	179	143	192	206	212	209	210	211	218	205	194	181	172	159
Goodwill	-	3.00	-	-	-	3.00	-	-	-	3.00	-	-	-	3.00	-	-	-	3.00	-	-	-	3.00
Liabilities	43.3%	926	647	683	671	602	561	587	590	635	832	780	759	755	804	766	724	622	615	576	569	384
Current Liabilities	0.2%	386	385	417	401	457	411	431	425	469	663	439	420	406	427	374	367	374	373	336	324	270
Long Term Debt	221.9%	415	129	129	129	1.00	1.00	2.00	6.00	8.00	11.00	180	181	184	202	213	187	128	123	115	118	111
Shareholder's Equity	-Infinity%	-122	-	-	-	50.00	94.00	116	141	122	131	161	195	201	181	129	191	205	206	212	213	221
Retained Earnings	-12.0%	-536	-478	-421	-356	-334	-292	-290	-285	-269	-181	-151	-111	-109	-114	-157	-91.18	-90.69	-89.83	-85.26	-87.08	-74.98
Additional Paid-In Capital	22.7%	431	351	365	377	408	419	430	441	451	362	360	353	349	338	329	327	323	321	319	317	312
Shares Outstanding	9.2%	46.00	43.00	43.00	42.00	42.00	42.00	42.00	42.00	37.00	37.00	37.00	37.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	435	-	-	-	456	-	-	-	1,800	-	-	-	708	-	-	-	740	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	142.4%	4,936	-11,654	9,607	-83,861	22,823	-25,934	21,893	-81,054	2,716	-24,986	-9,995	6,740	3,705	60,870	-29,573	2,568	-5,651	64,253	10,573	-12,091	-20,453
Share Based Compensation	-75.8%	613	2,528	4,062	2,668	4,438	3,584	3,610	3,309	1,140	1,943	2,925	2,399	2,405	2,631	2,374	2,942	1,077	1,682	1,937	985	824
Cashflow From Investing	-650.8%	-20,291	3,684	-3,419	-3,275	-7,340	-3,482	-2,494	-5,516	-6,981	-3,079	-8,273	-18,786	-12,238	-11,398	-15,047	-26,983	-15,316	-22,455	-19,030	-18,709	-2,052
Cashflow From Financing	1309.2%	12,965	920	363	107,746	-1,732	-139	10,553	-23,279	150,639	24,578	5,231	18,471	-13,815	5,172	32,173	65,082	-1,388	-8,088	-10,629	21,075	-3,177
Buy Backs	-	-	-	34.00	2,549	571	-	45.00	343	459	-	-	34.00	1,683	-	49.00	459	-	1,561	-	559	-

TPIC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales	$ 1,455,183	$ 1,522,741	$ 1,472,386
Cost of sales	1,520,974	1,482,428	1,459,155
Startup and transition costs	21,757	25,668	50,832
Total cost of goods sold	1,542,731	1,508,096	1,509,987
Gross profit (loss)	(87,548)	14,645	(37,601)
General and administrative expenses	49,133	32,349	29,246
Loss on sale of assets and asset impairments	21,862	9,842	12,436
Restructuring charges, net	5,050	263	12,543
Loss from continuing operations	(163,593)	(27,809)	(91,826)
Other income (expense):
Interest expense, net	(12,112)	(5,029)	(13,644)
Foreign currency income (loss)	(5,162)	4,571	(21,970)
Miscellaneous income	1,976	2,330	1,372
Total other income (expense)	(15,298)	1,872	(34,242)
Loss from continuing operations before income taxes	(178,891)	(25,937)	(126,068)
Income tax provision	(17,562)	(29,613)	(29,826)
Net loss from continuing operations	(196,453)	(55,550)	(155,894)
Preferred stock dividends and accretion	(58,453)	(58,903)	(6,040)
Gain on extinguishment of Series A Preferred Stock	82,620	0	0
Net loss from continuing operations attributable to common stockholders	(172,286)	(114,453)	(161,934)
Net loss from discontinued operations	(5,326)	(9,755)	(3,654)
Net loss attributable to common stockholders	$ (177,612)	$ (124,208)	$ (165,588)
Weighted-average common shares outstanding:
Basic	42,671	41,959	37,415
Diluted	42,671	41,959	37,415
Net loss from continuing operations per common share:
Basic	$ (4.04)	$ (2.73)	$ (4.33)
Diluted	(4.04)	(2.73)	(4.33)
Net loss from discontinued operations per common share:
Basic	(0.12)	(0.23)	(0.1)
Diluted	(0.12)	(0.23)	(0.1)
Net loss per common share:
Basic	(4.16)	(2.96)	(4.43)
Diluted	$ (4.16)	$ (2.96)	$ (4.43)
Series A Preferred Stock [Member]
Other income (expense):
Gain on extinguishment of Series A Preferred Stock	$ 82,620	$ 0	$ 0

TPIC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 161,059	$ 133,546
Restricted cash	10,838	9,854
Accounts receivable	138,029	184,809
Contract assets	112,237	215,939
Prepaid expenses	17,621	29,119
Other current assets	34,564	26,052
Inventories	9,420	10,661
Assets held for sale	17,787	0
Current assets of discontinued operations	1,520	35,182
Total current assets	503,075	645,162
Property, plant and equipment, net	128,808	136,841
Operating lease right of use assets	136,124	152,312
Goodwill	2,807	2,807
Intangible assets and deferred costs, net	2,442	3,262
Other noncurrent assets	30,824	21,792
Total assets	804,080	962,176
Current liabilities:
Accounts payable and accrued expenses	227,723	280,499
Accrued warranty	37,483	22,347
Current maturities of long-term debt	70,465	59,975
Current operating lease liabilities	22,017	22,220
Contract liabilities	24,021	17,100
Liabilities held for sale	1,897	0
Current liabilities of discontinued operations	2,815	54,440
Total current liabilities	386,421	456,581
Long-term debt, net of current maturities	414,728	1,198
Noncurrent operating lease liabilities	117,133	133,363
Other noncurrent liabilities	8,102	10,670
Total liabilities	926,384	601,812
Commitments and contingencies (Note 17)
Stockholders’ equity:
Common shares, $0.01 par value, 100,000 shares authorized, 46,991 shares issued and 46,471 shares outstanding at December 31, 2023 and 100,000 shares authorized, 42,370 shares issued and 42,044 shares outstanding at December 31, 2022	470	424
Paid-in capital	431,335	407,570
Accumulated other comprehensive loss	(7,627)	(15,387)
Accumulated deficit	(536,348)	(334,569)
Treasury stock, at cost, 520 shares at December 31, 2023 and 325 shares at December 31, 2022	(10,134)	(7,551)
Total stockholders' (deficit) equity	(122,304)	50,487
Total liabilities, mezzanine equity and stockholders' equity	804,080	962,176
Series A Preferred Stock [Member]
Mezzanine equity:
Series A Preferred Stock, $0.01 par value, 400 shares authorized, 0 and 350 shares issued and outstanding at December 30, 2023 and 2022 respectively; liquidation preference of $475,735 at December 31 202 Stockholders equity	$ 0	$ 309,877

About TPI Composites Inc

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. It operates in the United States, Mexico, Europe, the Middle East, Africa, and India. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.

CEO	Mr. William E. Siwek
WEBSITE	tpicomposites.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	13500

TPI Composites Inc Frequently Asked Questions

What is the ticker symbol for TPI Composites Inc? What does TPIC stand for in stocks?

TPIC is the stock ticker symbol of TPI Composites Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TPI Composites Inc (TPIC)?

As of Thu Apr 18 2024, market cap of TPI Composites Inc is 127.55 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TPIC stock?

You can check TPIC's fair value in chart for subscribers.

What is the fair value of TPIC stock?

You can check TPIC's fair value in chart for subscribers. The fair value of TPI Composites Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TPI Composites Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TPIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TPI Composites Inc a good stock to buy?

The fair value guage provides a quick view whether TPIC is over valued or under valued. Whether TPI Composites Inc is cheap or expensive depends on the assumptions which impact TPI Composites Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TPIC.

What is TPI Composites Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, TPIC's PE ratio (Price to Earnings) is -0.63 and Price to Sales (PS) ratio is 0.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TPIC PE ratio will change depending on the future growth rate expectations of investors.