Take-Two Interactive Software Inc. (NASDAQ:TTWO)

Price to Earnings (P/E) Ratio

The P/E ratio demonstrated a decreasing trend from 39.58 in 2020 to 34.1 in 2022. Data for subsequent years is not available, limiting further analysis. The initial decline suggests a reduction in market valuation relative to earnings during this period.

Price to Operating Profit (P/OP) Ratio

The ratio declined steadily from 37.65 in 2020 to 30.1 in 2022. Absence of data after 2022 prevents analysis beyond that point. The downward trajectory indicates the market price became increasingly aligned with operating profit, implying improved operating profitability or changing investor expectations.

Price to Sales (P/S) Ratio

This ratio exhibited fluctuations over the observed periods. From 5.18 in 2020, it rose to 6.15 in 2021, before declining to 4.07 in 2022. It then increased gradually to 4.4 in 2023 and 4.83 in 2024, followed by a significant jump to 7.48 in 2025. This pattern indicates variability in market valuation relative to sales, with a notable increase in valuation multiples in the most recent period.

Price to Book Value (P/BV) Ratio

The P/BV ratio showed a downward trend from 6.31 in 2020 to 2.6 in 2023, suggesting a decreasing premium over book value during this time. However, from 2023 onwards, there was a sharp increase to 4.55 in 2024 and a dramatic rise to 19.71 in 2025. This pronounced surge implies a substantial reevaluation of the company's net asset value or market perceptions thereof.

Share Price Trend

The share price exhibited a rising trend from March 31, 2020, at $140.51 to a peak of $179.35 by March 31, 2021. Subsequently, the price declined to $123.08 by March 31, 2022, before recovering moderately to $138.98 in 2023 and continuing upward to $150.61 in 2024. The most notable increase occurred by March 31, 2025, where the share price surged significantly to $237.50, indicating renewed investor confidence or positive market developments during the final period analyzed.

Earnings Per Share (EPS) Trend

EPS showed strong positive figures in the periods ending March 31, 2020 through 2022, with values of $3.55, $5.09, and $3.61 respectively. However, a stark negative shift is observed starting March 31, 2023, with EPS turning negative at -$6.64 and worsening further in subsequent years to -$21.85 and -$25.24 by March 31, 2025. This considerable decline indicates deteriorating profitability, possibly from elevated costs, operational challenges, or one-time charges.

Price to Earnings (P/E) Ratio

The P/E ratio decreased slightly from 39.58 in 2020 to 35.22 in 2021 and 34.10 in 2022, reflecting a modest compression in valuation relative to earnings. P/E data for the years ending 2023 through 2025 is missing, likely due to negative EPS figures, which typically render this ratio non-meaningful. This absence aligns with the observed negative earnings trends.

Overall Financial Insights

The company experienced a period of solid earnings and relatively high price valuation in the early years analyzed. Despite this, from 2023 onward, earnings deteriorated substantially. Interestingly, despite worsening earnings, share price showed resilience and ultimately strong appreciation by 2025. This divergence may suggest market expectations of future recovery, strategic initiatives, or other non-operational factors influencing investor sentiment. The absence of P/E ratios during the loss-making years further reinforces the negative earnings performance during this period.

The financial data reveals several key trends between the fiscal years ending March 31, 2020, and the projected year ending March 31, 2025. The share price has generally fluctuated, showing a significant increase by the last period in 2025.

Share Price

The share price rose from $140.51 in 2020 to a peak of $179.35 in 2021, followed by a decline to $123.08 in 2022. It then experienced a recovery, reaching $138.98 in 2023 and increasing further to $150.61 in 2024. A notable surge is projected in 2025, with the share price reaching $237.50, indicating strong investor confidence or market speculation despite other financial stresses.

Operating Profit Per Share

Operating profit per share showed a positive trend initially, rising from $3.73 in 2020 to $5.44 in 2021, before declining to $4.09 in 2022. A sharp downturn occurred in 2023 with a negative $6.88, which worsened in the following years to -$20.95 in 2024 and -$24.75 in 2025. This indicates a significant contraction in operational profitability, suggesting increased costs, reduced revenues, or other operational difficulties.

Price to Operating Profit Ratio (P/OP)

The P/OP ratio decreased steadily from 37.65 in 2020 to 30.1 in 2022, implying that the market price was becoming relatively less expensive compared to operating profit. However, from 2023 onwards, the data is unavailable, likely due to negative operating profits which render this ratio inapplicable or not meaningful.

Overall, while the declining operating profit per share signals operational challenges and deteriorating profitability, the rising share price by 2025 suggests that market valuation may be driven by factors other than current operational performance. The lack of P/OP ratio data beyond 2022 supports this interpretation, as negative operating profit likely precludes meaningful valuation through this metric.

The analyzed data reveals several notable trends in the financial performance and market valuation over the periods observed.

Share Price

The share price exhibited a fluctuating trajectory with an initial increase from 140.51 US dollars in 2020 to a peak of 179.35 US dollars in 2021. This was followed by a decline to 123.08 US dollars in 2022, a partial recovery to 138.98 US dollars in 2023, and gradual increase thereafter reaching 150.61 US dollars in 2024. A significant surge occurred in 2025, with the share price rising sharply to 237.50 US dollars. The share price movements indicate periods of volatility, with a strong upward momentum observed in the most recent year.

Sales per Share

Sales per share demonstrated a consistent upward trend over the observed periods, rising steadily from 27.11 US dollars in 2020 to 31.75 US dollars in 2025. Despite a minor dip between 2023 and 2024, where sales per share decreased slightly from 31.59 to 31.21 US dollars, the overall trend shows incremental growth in sales performance per share, suggesting improved operational revenue generation on a per-share basis.

Price-to-Sales (P/S) Ratio

The P/S ratio fluctuated notably throughout the period. Starting at 5.18 in 2020, it grew to 6.15 in 2021 before declining sharply to 4.07 in 2022. Subsequent years saw a gradual increase to 4.40 in 2023 and 4.83 in 2024, culminating in a substantial rise to 7.48 in 2025. This pattern indicates varying market sentiment and valuation levels relative to sales, with the pronounced increase in 2025 suggesting heightened investor optimism or market expectations about future growth prospects.

In summary, while sales per share have shown steady improvement, the share price and P/S ratio display considerable volatility, particularly with a marked increase in valuation metrics in the final observed year. This may reflect changing market conditions, investor confidence, or strategic developments impacting perceived company value.

Share Price

The share price experienced significant fluctuations over the examined period. Starting at $140.51 in 2020, it rose notably to $179.35 in 2021, followed by a decline to $123.08 in 2022. Subsequently, the price recovered, reaching $138.98 in 2023 and further increasing to $150.61 in 2024. A sharp surge was observed in 2025, where the price escalated to $237.50. Overall, the share price showed volatile but generally upward momentum, particularly in the final year.

Book Value per Share (BVPS)

Book value per share displayed an initially increasing trend from $22.29 in 2020 to a peak of $53.40 in 2023. However, this peak was followed by a steep decline to $33.07 in 2024 and further down to $12.05 in 2025. This indicates a significant deterioration in the company's net asset value per share in the last two years, contrasting with the earlier upward progression.

Price-to-Book Value Ratio (P/BV)

The P/BV ratio declined steadily from 6.31 in 2020 to a low of 2.60 in 2023, suggesting that the market valuation became more aligned with the book value over this period. However, this trend reversed strongly afterward, with the ratio increasing to 4.55 in 2024 and then surging dramatically to 19.71 in 2025. The sharp rise in this ratio indicates that the market price grew disproportionately relative to the book value in the most recent year, reflecting perhaps increased investor optimism or market speculation despite the declining book value.

Overall Insights

The analysis reveals a decoupling between market valuation and fundamental book value in the latest years. While the share price showed a marked recovery and surge in 2025, the underlying book value per share deteriorated substantially. The combination of a much higher share price with a significantly lower book value led to an unprecedented spike in the P/BV ratio. This divergence warrants closer examination to understand drivers such as investor sentiment, expectations of future growth, or changes in accounting policies impacting book value.