TriMas
TRS
#5485
Rank
NZ$1.76 B
Marketcap
$43.48
Share price
0.27%
Change (1 day)
7.15%
Change (1 year)

P/E ratio for TriMas (TRS)

P/E ratio as of November 2024 (TTM): 20.7

According to TriMas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6532. At the end of 2022 the company had a P/E ratio of 17.7.

P/E ratio history for TriMas from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.7-36.49%
202127.8-260.75%
2020-17.3-220.11%
201914.4-3.91%
201815.0-62.44%
201739.9-249.51%
2016-26.75.96%
2015-25.2-252.64%
201416.5-2.34%
201316.9-31.82%
201224.8205.15%
20118.13-33.2%
201012.2-102.26%
2009-539200056.44%
2008-0.2695-82.34%
2007-1.53

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.9 10.94%๐Ÿ‡บ๐Ÿ‡ธ USA
9.97-51.73%๐Ÿ‡บ๐Ÿ‡ธ USA
43.7 111.73%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-10.80%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8 0.53%๐Ÿ‡บ๐Ÿ‡ธ USA
23.7 14.73%๐Ÿ‡บ๐Ÿ‡ธ USA
7.28-64.76%๐Ÿ‡บ๐Ÿ‡ธ USA
7.87-61.91%๐Ÿ‡บ๐Ÿ‡ธ USA
38.9 88.13%๐Ÿ‡บ๐Ÿ‡ธ USA
6.70-67.58%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.