Trinity Industries
TRN
#3763
Rank
$1.92 B
Marketcap
$23.74
Share price
0.81%
Change (1 day)
-31.82%
Change (1 year)

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
202116.1-180.78%
2020-20.0-196.58%
201920.79.59%
201818.9225%
20175.81-34.56%
20168.88163.5%
20153.37-27.37%
20144.64

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.3-46.09%๐Ÿ‡บ๐Ÿ‡ธ USA
26.1-18.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-117-464.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.60-108.12%๐Ÿ‡บ๐Ÿ‡ธ USA
103 220.16%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.