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 transportation industry; and field service inspection and repair services to OEM customers and wind farm owners and operators. It operates in the United States, Asia, 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.
P/S ratio for TPI Composites, Inc. (TPIC)
P/S ratio as of 2023: 0.12
According to TPI Composites, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.12. At the end of 2022 the company had a P/S ratio of 0.28.
P/S ratio history for TPI Composites, Inc. from 2012 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.12 |
| 2022 | 0.28 |
| 2021 | 0.32 |
| 2020 | 1.12 |
| 2019 | 0.45 |
| 2018 | 0.82 |
| 2017 | 0.74 |
| 2016 | 0.37 |
| 2015 | 0.61 |
| 2014 | 1.12 |
| 2013 | 1.67 |
| 2012 | 0.37 |