Truist Financial
TFC
#337
Rank
A$92.55 B
Marketcap
$69.72
Share price
0.51%
Change (1 day)
27.77%
Change (1 year)

P/E ratio for Truist Financial (TFC)

P/E ratio as of December 2024 (TTM): 10.9

According to Truist Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.885. At the end of 2022 the company had a P/E ratio of 9.65.

P/E ratio history for Truist Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.65-25.68%
202113.0-16.03%
202015.54.32%
201914.835.83%
201810.9-38.99%
201717.96.88%
201616.714.62%
201514.64.36%
201414.0-16.78%
201316.858.23%
201210.6-22.33%
201113.7-39.12%
201022.54.51%
200921.5112.96%
200810.14.68%
20079.64-37.65%
200615.511.83%
200513.8-7.24%
200414.9-17.42%
200318.134.72%
200213.4-19.83%
200116.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9 46.53%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1 20.40%๐Ÿ‡บ๐Ÿ‡ธ 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.