Trinity Industries
TRN
#3700
Rank
$2.72 B
Marketcap
$33.32
Share price
0.12%
Change (1 day)
28.90%
Change (1 year)

P/E ratio for Trinity Industries (TRN)

P/E ratio as of July 2024 (TTM): 36.1

According to Trinity Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.0761. At the end of 2022 the company had a P/E ratio of 40.0.

P/E ratio history for Trinity Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202240.0147.43%
202116.1-180.78%
2020-20.0-196.58%
201920.79.59%
201818.9225%
20175.81-34.56%
20168.88163.5%
20153.37-27.12%
20144.63-44.03%
20138.262.54%
20128.06-34.09%
201112.2-46.39%
201022.8-434.22%
2009-6.82-314.7%
20083.18-40.84%
20075.37-37.04%
20068.53-53.07%
200518.2-120.01%
2004-90.94.37%
2003-87.1177.47%
2002-31.4214.58%
2001-9.97

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
38.1 5.69%๐Ÿ‡บ๐Ÿ‡ธ USA
27.9-22.67%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.63-104.51%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-45.23%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.69-118.54%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.