P/E ratio for Thomson Reuters (TRI)
P/E ratio as of March 2023 (TTM): 43.5
According to Thomson Reuters 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.5329. At the end of 2021 the company had a P/E ratio of 10.4.
P/E ratio history for Thomson Reuters from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.4 | -71.3% |
| 2020 | 36.4 | 61.14% |
| 2019 | 22.6 | 228.59% |
| 2018 | 6.87 | -66.13% |
| 2017 | 20.3 | 114.45% |
| 2016 | 9.46 | -55.94% |
| 2015 | 21.5 | 38.98% |
| 2014 | 15.5 | -92.8% |
| 2013 | 215 | 1933.51% |
| 2012 | 10.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MSCI MSCI | 52.1 | 19.77% | 🇺🇸 USA |
 FactSet FDS | 36.7 | -15.59% | 🇺🇸 USA |
 Morningstar
MORN | 111 | 155.76% | 🇺🇸 USA |
 Shutterstock SSTK | 29.3 | -32.68% | 🇺🇸 USA |
 Pearson PSO | 13.6 | -68.82% | 🇬🇧 UK |
 Gannett GCI | -2.05 | -104.71% | 🇺🇸 USA |
 Dun & Bradstreet
DNB | -127 | -392.48% | 🇺🇸 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.