P/E ratio for Trustmark (TRMK)
P/E ratio as of June 2024 (TTM): 18.2
According to Trustmark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1987. At the end of 2022 the company had a P/E ratio of 30.1.
P/E ratio history for Trustmark from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.1 | 116.95% |
| 2021 | 13.9 | 28.51% |
| 2020 | 10.8 | -27.12% |
| 2019 | 14.8 | 15.66% |
| 2018 | 12.8 | -37.7% |
| 2017 | 20.6 | -7.17% |
| 2016 | 22.1 | 64.34% |
| 2015 | 13.5 | 1.03% |
| 2014 | 13.3 | -13.04% |
| 2013 | 15.3 | 23.6% |
| 2012 | 12.4 | -14.69% |
| 2011 | 14.5 | -7.48% |
| 2010 | 15.7 | -12.12% |
| 2009 | 17.9 | 32.57% |
| 2008 | 13.5 | 0.03% |
| 2007 | 13.5 | -12.99% |
| 2006 | 15.5 | 2.71% |
| 2005 | 15.1 | -1.87% |
| 2004 | 15.4 | 5.62% |
| 2003 | 14.6 | 19.31% |
| 2002 | 12.2 | -13.36% |
| 2001 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Regions Financial
RF | 7.69 | -57.77% | 🇺🇸 USA |
 The First Bancshares FBMS | 8.95 | -50.83% | 🇺🇸 USA |
 SP Plus Corporation
SP | 30.5 | 67.61% | 🇺🇸 USA |
 Renasant Corp RNST | 10.1 | -44.75% | 🇺🇸 USA |
 Pinnacle Financial Partners
PNFP | 9.84 | -45.91% | 🇺🇸 USA |
 First Horizon National FHN | 8.71 | -52.15% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.