Thorn Group Limited

Thorn Group Limitedverified

TGA.AX

Price:

$1.165

Market Cap:

$27.15M

Thorn Group Limited operates as a diversified financial services company in Australia. The company provides commercial finance, such as working capital and business asset lending solutions to small and medium size enterprises. It offers debtor finance and asset finance products under the thornmoney brand. Thorn Group Limited was founded in 1937 and is based in Sydney, Australia.[Read more]

Industry

Rental & Leasing Services

IPO Date

2006-12-12

Stock Exchange

ASX

Ticker

TGA.AX

The PE Ratio as of January 2025 (TTM) for Thorn Group Limited (TGA.AX) is -19.42

According to Thorn Group Limited’s latest financial reports and current stock price. The company's current PE Ratio is -19.42. This represents a change of -196.06% compared to the average of 20.21 of the last 4 quarters.

Thorn Group Limited (TGA.AX) Historical PE Ratio (quarterly & annually)

How has TGA.AX PE Ratio performed in the past?

The mean historical PE Ratio of Thorn Group Limited over the last ten years is 6.46. The current -19.42 PE Ratio has changed -30147.55% with respect to the historical average. Over the past ten years (40 quarters), TGA.AX's PE Ratio was at its highest in in the December 2022 quarter at 60.59. The PE Ratio was at its lowest in in the December 2017 quarter at -34.03.

Quarterly (TTM)
Annual

Average

6.46

Median

7.57

Minimum

-6.14

Maximum

20.05

Thorn Group Limited (TGA.AX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Thorn Group Limited 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 = 961.20%

Maximum Annual PE Ratio = 20.05

Minimum Annual Increase = -4763.92%

Minimum Annual PE Ratio = -6.14

Quarterly (TTM)
Annual
YearPE RatioChange
202320.05961.20%
20221.89-73.23%
20217.06-4763.92%
2020-0.15-96.68%
2019-4.56-25.74%
2018-6.14-175.85%
20178.09-41.78%
201613.895.83%
201513.1315.65%
201411.35144.77%

Thorn Group Limited (TGA.AX) Average PE Ratio

How has TGA.AX PE Ratio performed in the past?

The current PE Ratio of Thorn Group Limited (TGA.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.67

5-year avg

4.86

10-year avg

6.46

Thorn Group Limited (TGA.AX) PE Ratio vs. Peers

How is TGA.AX’s PE Ratio compared to its peers?

Thorn Group Limited’s PE Ratio is

CompanyPE RatioMarket cap

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