P/E ratio for Trex (TREX)
P/E ratio as of April 2024 (TTM): 50.2
According to Trex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.2303. At the end of 2022 the company had a P/E ratio of 26.0.
P/E ratio history for Trex from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.0 | -65.19% |
| 2021 | 74.6 | 35.45% |
| 2020 | 55.1 | 51.98% |
| 2019 | 36.2 | 39.81% |
| 2018 | 25.9 | -22.75% |
| 2017 | 33.6 | 18.81% |
| 2016 | 28.2 | 12.86% |
| 2015 | 25.0 | -25.36% |
| 2014 | 33.5 | -13.16% |
| 2013 | 38.6 | -73.04% |
| 2012 | 143 | -562.52% |
| 2011 | -31.0 | -23.72% |
| 2010 | -40.6 | 127.63% |
| 2009 | -17.8 | -155.24% |
| 2008 | 32.3 | -2034.2% |
| 2007 | -1.67 | -101.09% |
| 2006 | 153 | -18.4% |
| 2005 | 187 | 570.4% |
| 2004 | 27.9 | 6.49% |
| 2003 | 26.2 | -12.44% |
| 2002 | 29.9 | 0.82% |
| 2001 | 29.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Universal Forest Products
UFPI | 13.0 | -74.16% | 🇺🇸 USA |
 Huttig Building Products HBP | -357 | -810.06% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 23.0 | -54.17% | 🇺🇸 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.