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Trimble
TRMB
#1204
Rank
$13.07 B
Marketcap
$51.36
Share price
-0.17%
Change (1 day)
-30.19%
Change (1 year)
Trimble Inc. is an American software as a service (SaaS) technology company that services global industries in Agriculture, Building & Construction, Geospatial, Natural Resources and Utilities, Governments, Transportation and others.

P/E ratio for Trimble (TRMB)

P/E ratio as of March 2023 (TTM): 28.7

According to Trimble's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.674. At the end of 2021 the company had a P/E ratio of 44.5.

P/E ratio history for Trimble from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202144.53.93%
202042.8111.49%
201920.2-30.51%
201829.1-65.6%
201784.748.83%
201656.927.3%
201544.739.75%
201432.0-21.67%
201340.83.8%
201239.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
70.7 146.48%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7-38.34%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9-9.81%๐Ÿ‡บ๐Ÿ‡ธ USA
25.5-11.19%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-64.46%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6-31.60%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
34.5 20.40%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-16.6-158.03%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.