Thermal Energy InternationalTMGEF -7.01%65 PE Ratio (TTM) is 21.74 as of Jul. 01, 2026, which is 21% below its 10-year median of 27.50. GuruFocus rates TMGEF with a GF Score™ of 65/100 and a GF Value™ of $0.17 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,235 Industrial Products companies, Thermal Energy International ranks better than 61.66% on this metric.
During the past 13 years, Thermal Energy International's highest 3-Year average EPS without NRI Growth Rate was 71.00% per year. The lowest was -58.70% per year. And the median was 9.60% per year.
Thermal Energy International (OTCPK:TMGEF) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Thermal Energy International PE Ratio (TTM) Related Terms
Thermal Energy International PE Ratio (TTM) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TMGEF vs VLTO, ZWS, CECO: PE Ratio (TTM) Comparison
For the Pollution & Treatment Controls subindustry, Thermal Energy International's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thermal Energy International PE Ratio (TTM) vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thermal Energy International's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Thermal Energy International's PE Ratio (TTM) falls into.
Thermal Energy International PE Ratio (TTM) Calculation
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Thermal Energy International's Share Price of today is $0.1087.
Thermal Energy International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Thermal Energy International (TMGEF) has a PE Ratio (TTM) of 21.74 as of Jul. 01, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Thermal Energy International and its competitors. This is 21% below median its historical median of 27.50. Over the past decade, Thermal Energy International's PE Ratio (TTM) has ranged from 5.45 to 170.00. According to the industry distribution chart, Thermal Energy International ranks #857 out of 2235 companies in the Industrial Products industry, placing it in the top 38.3%.
Is Thermal Energy International's PE Ratio (TTM) too high?
Thermal Energy International's current PE Ratio (TTM) of 21.74 is 21% below median its 10-year median of 27.50. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 170.00. The Industrial Products industry median PE Ratio (TTM) is 29.27. Thermal Energy International's value of 21.74 is 25.7% below this industry median. Based on the distribution chart, Thermal Energy International ranks #857 out of 2235 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thermal Energy International has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's PE Ratio (TTM) compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #857 out of 2235 companies for PE Ratio (TTM). This puts Thermal Energy International in the upper half of its industry. The industry median PE Ratio (TTM) is 29.27. Thermal Energy International's value of 21.74 is 25.7% below this benchmark. Historically, Thermal Energy International's own PE Ratio (TTM) has ranged from 5.45 to 170.00 over the past decade. While the company's 10-year median is 27.50 vs. the industry median of 29.27, Thermal Energy International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for an Industrial Products company?
The median PE Ratio (TTM) among Industrial Products companies is 29.27, based on 2,235 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermal Energy International's current PE Ratio (TTM) of 21.74 is 25.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Thermal Energy International and its competitors. For the Industrial Products industry, the median PE Ratio (TTM) is 29.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current PE Ratio (TTM) is 21.74, which is 21% below median its own 10-year median of 27.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.17, compared to a current price of $0.11 — trading 36.1% below its estimated fair value. The current PE Ratio (TTM) is 21.74, which is 21% below median its 10-year median of 27.50 and 25.7% below the Industrial Products industry median of 29.27. Thermal Energy International's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Thermal Energy International (TMGEF), the current PE Ratio (TTM) is 21.74 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thermal Energy International (TMGEF) Overvalued in 2026?
Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued.
The current stock price of $0.11 is trading 36.1% below its estimated GF Value™ of $0.17.
GuruFocus considers Thermal Energy International to be Possible Value Trap.
Key valuation signals for TMGEF:
PE Ratio (TTM): 21.74 (21% below median its 10-year median of 27.50)
GF Value™: $0.17 vs. price of $0.11 (36.1% below fair value)
Industry Position: 25.7% below the Industrial Products median (#857 of 2235)
No single metric tells the full story. See the TMGEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
65GF Score
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