P/E ratio for Trent Limited (TRENT.NS)
P/E ratio as of March 2023 (TTM): 85.6
According to Trent Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 85.6222. At the end of 2022 the company had a P/E ratio of 422.
P/E ratio history for Trent Limited from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 422 | -327.93% |
| 2021 | -185 | -244.11% |
| 2020 | 128 | 4.85% |
| 2019 | 122 | -6.71% |
| 2018 | 131 | 30.71% |
| 2017 | 100 | 22.33% |
| 2016 | 82.1 | 116.88% |
| 2015 | 37.9 | -120.81% |
| 2014 | -182 | 60.13% |
| 2013 | -114 | 98.03% |
| 2012 | -57.4 | -122.05% |
| 2011 | 260 | -74.59% |
| 2010 | > 1000 | 73.6% |
| 2009 | 590 | 1970.85% |
| 2008 | 28.5 | 1.24% |
| 2007 | 28.1 | -34.42% |
| 2006 | 42.9 | 26.43% |
| 2005 | 33.9 |
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.