P/E ratio for TriMas (TRS)
P/E ratio as of September 2023 (TTM): 21.4
According to TriMas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3621. At the end of 2021 the company had a P/E ratio of 27.8.
P/E ratio history for TriMas from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 27.8 | -260.75% |
| 2020 | -17.3 | -220.11% |
| 2019 | 14.4 | -3.91% |
| 2018 | 15.0 | -62.44% |
| 2017 | 39.9 | -249.51% |
| 2016 | -26.7 | 5.96% |
| 2015 | -25.2 | -252.64% |
| 2014 | 16.5 | -2.34% |
| 2013 | 16.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Copart
CPRT | 33.5 | 56.99% | 🇺🇸 USA |
 Cummins
CMI | 12.9 | -39.71% | 🇺🇸 USA |
 General Dynamics GD | 18.1 | -15.29% | 🇺🇸 USA |
 General Electric GE | 13.9 | -35.08% | 🇺🇸 USA |
 General Motors GM | 4.61 | -78.44% | 🇺🇸 USA |
 Ford F | 12.2 | -42.92% | 🇺🇸 USA |
 Worthington Industries
WOR | 11.7 | -45.33% | 🇺🇸 USA |
 Greif GEF | 10.1 | -52.67% | 🇺🇸 USA |
 EnPro Industries
NPO | 14.9 | -30.45% | 🇺🇸 USA |
 AptarGroup ATR | 32.7 | 52.96% | 🇺🇸 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.