Thomson Reuters
TRI
#279
Rank
$55.77 B
Marketcap
$114.79
Share price
0.77%
Change (1 day)
3.43%
Change (1 year)

P/E ratio for Thomson Reuters (TRI)

P/E ratio as of August 2022 (TTM): 33.8

According to Thomson Reuters 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.8382. 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
202110.4-71.37%
202036.461.14%
201922.6228.59%
20186.87-66.13%
201720.3114.45%
20169.46-55.94%
201521.538.98%
201415.5-92.8%
20132151933.51%
201210.6

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.