P/E ratio for Trimble (TRMB)

P/E ratio history for Trimble from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Faro Technologies FARO	-5.54	-112.16%	🇺🇸 USA
Autodesk ADSK	70.4	54.53%	🇺🇸 USA
Garmin GRMN	36.4	-20.09%	🇨🇭 Switzerland
Danaher DHR	31.0	-32.03%	🇺🇸 USA
Motorola Solutions MSI	44.6	-1.98%	🇺🇸 USA
3M MMM	-9.55	-120.98%	🇺🇸 USA
Caterpillar CAT	21.4	-53.03%	🇺🇸 USA
Honeywell HON	25.6	-43.69%	🇺🇸 USA
Raven Industries RAVN	N/A	N/A	🇺🇸 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.