According to Trex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.2327. At the end of 2022 the company had a P/E ratio of 26.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 26.0 | -65.19% |
2021 | 74.6 | 35.45% |
2020 | 55.1 | 51.98% |
2019 | 36.2 | 39.81% |
2018 | 25.9 | -22.75% |
2017 | 33.6 | 18.81% |
2016 | 28.2 | 12.86% |
2015 | 25.0 | -25.36% |
2014 | 33.5 | -13.16% |
2013 | 38.6 | -73.04% |
2012 | 143 | -562.52% |
2011 | -31.0 | -23.72% |
2010 | -40.6 | 127.63% |
2009 | -17.8 | -155.24% |
2008 | 32.3 | -2034.2% |
2007 | -1.67 | -101.09% |
2006 | 153 | -18.4% |
2005 | 187 | 570.4% |
2004 | 27.9 | 6.49% |
2003 | 26.2 | -12.44% |
2002 | 29.9 | 0.82% |
2001 | 29.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
28.1 | -22.46% | ๐บ๐ธ USA | |
12.5 | -65.37% | ๐บ๐ธ USA | |
-357 | -1,084.38% | ๐บ๐ธ USA |
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.