Tactile Systems Technology, Inc.

Tactile Systems Technology, Inc.verified

TCMD

Price:

$13.2

Market Cap:

$316.36M

Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high frequency chest wall oscillation test for the treatment of retained pulmonary secretions such as bronchiectasis, cystic fibrosis, and various neuromuscular disorders. The company was incorporated in ...[Read more]

Industry

Medical - Devices

IPO Date

2016-07-28

Stock Exchange

NASDAQ

Ticker

TCMD

The PE Ratio as of September 2024 (TTM) for Tactile Systems Technology, Inc. (TCMD) is 9.36

According to Tactile Systems Technology, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 9.36. This represents a change of -407.87% compared to the average of -3.04 of the last 4 quarters.

Tactile Systems Technology, Inc. (TCMD) Historical PE Ratio (quarterly & annually)

How has TCMD PE Ratio performed in the past?

The mean historical PE Ratio of Tactile Systems Technology, Inc. over the last ten years is -87.17. The current 9.36 PE Ratio has changed -1173.77% with respect to the historical average. Over the past ten years (40 quarters), TCMD's PE Ratio was at its highest in in the June 2015 quarter at 267.95. The PE Ratio was at its lowest in in the March 2018 quarter at -2861.47.

Quarterly (TTM)
Annual

Average

-87.17

Median

61.13

Minimum

-1402.34

Maximum

133.06

Tactile Systems Technology, Inc. (TCMD) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Tactile Systems Technology, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 69.09%

Maximum Annual PE Ratio = 133.06

Minimum Annual Increase = -1304.57%

Minimum Annual PE Ratio = -1402.34

Quarterly (TTM)
Annual
YearPE RatioChange
202311.50-189.16%
2022-12.89-59.41%
2021-31.77-97.73%
2020-1402.34-1304.57%
2019116.42-12.51%
2018133.0654.90%
201785.9069.09%
201650.80-52.15%
2015106.1848.60%
201471.4552.46%

Tactile Systems Technology, Inc. (TCMD) Average PE Ratio

How has TCMD PE Ratio performed in the past?

The current PE Ratio of Tactile Systems Technology, Inc. (TCMD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-11.06

5-year avg

-263.82

10-year avg

-87.17

Tactile Systems Technology, Inc. (TCMD) PE Ratio vs. Peers

How is TCMD’s PE Ratio compared to its peers?

Tactile Systems Technology, Inc.’s PE Ratio is less than CONMED Corporation (23.18), greater than Treace Medical Concepts, Inc. (-5.20), greater than Surmodics, Inc. (-393.30), greater than LivaNova PLC (-154.03), greater than RxSight, Inc. (-55.38), greater than AxoGen, Inc. (-34.41), greater than Pulmonx Corporation (-4.92), greater than Orthofix Medical Inc. (-5.12), greater than CVRx, Inc. (-3.35), greater than Accelerate Diagnostics, Inc. (-1.05), greater than NeuroPace, Inc. (-6.95), greater than Anika Therapeutics, Inc. (-4.91), greater than OrthoPediatrics Corp. (-28.25), greater than Sight Sciences, Inc. (-6.06), greater than Paragon 28, Inc. (-10.66), greater than iRhythm Technologies, Inc. (-15.91), greater than Heska Corporation (-91.49), less than Electromed, Inc. (28.81),

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