P/E ratio for Transcat (TRNS)
P/E ratio as of May 2024 (TTM): 93.5
According to Transcat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 93.4783. At the end of 2022 the company had a P/E ratio of 52.9.
P/E ratio history for Transcat from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 52.9 | -11.88% |
| 2021 | 60.0 | 66.14% |
| 2020 | 36.1 | 28.13% |
| 2019 | 28.2 | 43.79% |
| 2018 | 19.6 | -5.05% |
| 2017 | 20.7 | 26.21% |
| 2016 | 16.4 | 7.01% |
| 2015 | 15.3 | -14.71% |
| 2014 | 17.9 | 23.42% |
| 2013 | 14.5 | 2.89% |
| 2012 | 14.1 | -47.21% |
| 2011 | 26.7 | 6.98% |
| 2010 | 25.0 | -48.39% |
| 2009 | 48.4 | 49.04% |
| 2008 | 32.5 | 41.3% |
| 2007 | 23.0 | 157.76% |
| 2006 | 8.92 | -66.64% |
| 2005 | 26.8 | -122.99% |
| 2004 | -116 | -432.38% |
| 2003 | 35.0 | -1661.54% |
| 2002 | -2.24 | -3.47% |
| 2001 | -2.32 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 36.2 | -61.26% | 🇺🇸 USA |
 Emerson EMR | 4.63 | -95.05% | 🇺🇸 USA |
 Danaher DHR | 30.8 | -67.07% | 🇺🇸 USA |
 Cohu COHU | 19.3 | -79.30% | 🇺🇸 USA |
 Allied Motion Technologies
AMOT | 23.0 | -75.37% | 🇺🇸 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.