P/E ratio for Triton International (TRTN)
P/E ratio as of April 2024 (TTM): 7.70
According to Triton International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.70087. At the end of 2022 the company had a P/E ratio of 6.12.
P/E ratio history for Triton International from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.12 | -26.07% |
| 2021 | 8.28 | -28.78% |
| 2020 | 11.6 | 31.96% |
| 2019 | 8.82 | 24.28% |
| 2018 | 7.09 | -15.9% |
| 2017 | 8.43 | -103.11% |
| 2016 | -272 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 UNITI UNIT | -40.0 | -618.96% | 🇺🇸 USA |
 Triton International TRTN | 7.70 | 0.00% | 🇧🇲 Bermuda |
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.