P/E ratio for Trinity Industries (TRN)
P/E ratio as of March 2023 (TTM): 32.1
According to Trinity Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0811. At the end of 2021 the company had a P/E ratio of 16.1.
P/E ratio history for Trinity Industries from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.1 | -180.78% |
| 2020 | -20.0 | -196.58% |
| 2019 | 20.7 | 9.59% |
| 2018 | 18.9 | 225% |
| 2017 | 5.81 | -34.56% |
| 2016 | 8.88 | 163.5% |
| 2015 | 3.37 | -27.37% |
| 2014 | 4.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 17.3 | -46.09% | 🇺🇸 USA |
 Wabtec WAB | 26.1 | -18.75% | 🇺🇸 USA |
 Icahn Enterprises
IEP | -117 | -464.06% | 🇺🇸 USA |
 FreightCar America
RAIL | -2.60 | -108.12% | 🇺🇸 USA |
 The Greenbrier Companies
GBX | 103 | 220.16% | 🇺🇸 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.