Trex
TREX
#2018
Rank
$6.67 B
Marketcap
$61.53
Share price
-2.02%
Change (1 day)
-3.22%
Change (1 year)

P/E ratio for Trex (TREX)

P/E ratio as of September 2023 (TTM): 47.9

According to Trex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.9389. At the end of 2021 the company had a P/E ratio of 74.6.

P/E ratio history for Trex from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202174.635%
202055.352.48%
201936.239.81%
201825.9
201525.0-25.36%
201433.5
2012143

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.3-76.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-357-844.00%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-67.59%๐Ÿ‡บ๐Ÿ‡ธ 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.