According to Trimble's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.6667. At the end of 2022 the company had a P/E ratio of 27.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 27.9 | -37.21% |
2021 | 44.5 | 3.93% |
2020 | 42.8 | 111.49% |
2019 | 20.2 | -30.51% |
2018 | 29.1 | -65.6% |
2017 | 84.7 | 48.83% |
2016 | 56.9 | 27.3% |
2015 | 44.7 | 39.75% |
2014 | 32.0 | -21.67% |
2013 | 40.8 | 3.8% |
2012 | 39.3 | 11.46% |
2011 | 35.3 | -24.89% |
2010 | 47.0 | -1.2% |
2009 | 47.5 | 157.43% |
2008 | 18.5 | -40.14% |
2007 | 30.9 | 14.35% |
2006 | 27.0 | 21.65% |
2005 | 22.2 | -12.05% |
2004 | 25.2 | -18.72% |
2003 | 31.0 | -13.05% |
2002 | 35.7 | -307.01% |
2001 | -17.2 |
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.