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 |
|---|---|---|
| 2021 | 74.6 | 35% |
| 2020 | 55.3 | 52.48% |
| 2019 | 36.2 | 39.81% |
| 2018 | 25.9 | |
| 2015 | 25.0 | -25.36% |
| 2014 | 33.5 | |
| 2012 | 143 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Universal Forest Products
UFPI | 11.3 | -76.50% | 🇺🇸 USA |
 Huttig Building Products HBP | -357 | -844.00% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 15.5 | -67.59% | 🇺🇸 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.