Start with its own history
At 23.94×, TTC is 2.9% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · TTCManufacturing - Tools & AccessoriesUpdated Nov 5, 2026
The Toro Company P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
23.94×
2.9% belowthe 10-year annual average
Share price107.49
÷Earnings per share4.49
Price and EPS in quote currency. Calculation details
Investors are paying 23.94 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 24.65×
3-year average23.00×3 positive annual observations
5-year average23.89×5 positive annual observations
10-year average24.65×10 positive annual observations
Peer median · TTM23.09×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Oct 31, 2025 | 23.50× | +18.0% |
| Oct 31, 2024 | 19.92× | -22.1% |
| Oct 31, 2023 | 25.58× | +2.6% |
| Oct 31, 2022 | 24.92× | -2.4% |
| Oct 31, 2021 | 25.53× | -4.9% |
| Oct 31, 2020 | 26.83× | -10.6% |
| Oct 31, 2019 | 30.01× | +36.4% |
| Oct 31, 2018 | 22.00× | -13.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Oct 31, 2017 | 25.45× | +11.6% |
| Oct 31, 2016 | 22.80× | +10.2% |
| Oct 31, 2015 | 20.68× | +3.8% |
| Oct 31, 2014 | 19.92× | -9.4% |
| Oct 31, 2013 | 21.99× | +13.6% |
| Oct 31, 2012 | 19.37× | +34.8% |
| Oct 31, 2011 | 14.37× | -27.7% |
| Oct 31, 2010 | 19.89× | -5.5% |
| Oct 31, 2009 | 21.05× | +97.7% |
| Oct 31, 2008 | 10.65× | -32.7% |
| Oct 31, 2007 | 15.82× | +10.0% |
| Oct 31, 2006 | 14.39× | +0.8% |
| Oct 31, 2005 | 14.27× | -10.8% |
| Oct 31, 2004 | 16.00× | +5.6% |
| Oct 31, 2003 | 15.15× | -31.7% |
| Oct 31, 2002 | 22.17× | +106.8% |
| Oct 31, 2001 | 10.72× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How TTC compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 TTC This stockThe Toro Company | 23.94× |
 PLOWDouglas Dynamics, Inc. | 13.57× |
 ALGAlamo Group Inc. | 22.34× |
 DEDeere & Company | 37.50× |
 CATCaterpillar Inc. | 23.09× |
 AGCOAGCO Corporation | 28.97× |
 LNNLindsay Corporation | 20.45× |
 FSSFederal Signal Corporation | 24.17× |
 TWITitan International, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does TTC’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 23.09×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take TTC into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("TTC", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 107.49 ÷ EPS 4.49 = 23.94×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
TTC P/E ratio: common questions
The essentials behind the numbers.
The Toro Company's current P/E is 23.94× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.