Triton International
TRTN
#2940
Rank
โ‚น370.00 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
โ‚น6,720
Share price
-4.10%
Change (1 day)
10.87%
Change (1 year)

P/E ratio for Triton International (TRTN)

P/E ratio on November 30, 2023 (TTM): 7.70

According to Triton International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.70087. At the end of 2022 the company had a P/E ratio of 6.12.

P/E ratio history for Triton International from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.12-26.07%
20218.28-28.78%
202011.631.96%
20198.8224.28%
20187.09-15.9%
20178.43-103.11%
2016-272

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-39.7-615.72%๐Ÿ‡บ๐Ÿ‡ธ USA
7.70 0.00%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.