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 |
|---|---|---|
| 2021 | 44.5 | 3.93% |
| 2020 | 42.8 | 111.49% |
| 2019 | 20.2 | -30.51% |
| 2018 | 29.1 | -65.6% |
| 2017 | 84.7 | 48.83% |
| 2016 | 56.9 | 27.3% |
| 2015 | 44.7 | 39.75% |
| 2014 | 32.0 | -21.67% |
| 2013 | 40.8 | 3.8% |
| 2012 | 39.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Autodesk ADSK | 70.7 | 146.48% | 🇺🇸 USA |
 Caterpillar CAT | 17.7 | -38.34% | 🇺🇸 USA |
 Honeywell HON | 25.9 | -9.81% | 🇺🇸 USA |
 Danaher DHR | 25.5 | -11.19% | 🇺🇸 USA |
 3M MMM | 10.2 | -64.46% | 🇺🇸 USA |
 Garmin GRMN | 19.6 | -31.60% | 🇨🇭 Switzerland |
 Motorola Solutions
MSI | 34.5 | 20.40% | 🇺🇸 USA |
 Raven Industries RAVN | N/A | N/A | 🇺🇸 USA |
 Faro Technologies
FARO | -16.6 | -158.03% | 🇺🇸 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.