P/E ratio for Trustmark (TRMK)
P/E ratio as of June 2023 (TTM): 15.1
According to Trustmark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1126. At the end of 2021 the company had a P/E ratio of 13.9.
P/E ratio history for Trustmark from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.9 | 28.51% |
| 2020 | 10.8 | -27.12% |
| 2019 | 14.8 | 15.66% |
| 2018 | 12.8 | -37.7% |
| 2017 | 20.6 | -7.17% |
| 2016 | 22.1 | 64.34% |
| 2015 | 13.5 | 1.03% |
| 2014 | 13.3 | -13.04% |
| 2013 | 15.3 | 23.6% |
| 2012 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Regions Financial
RF | 7.62 | -49.55% | 🇺🇸 USA |
 The First Bancshares FBMS | 10.8 | -28.47% | 🇺🇸 USA |
 SP Plus Corporation
SP | 18.2 | 20.25% | 🇺🇸 USA |
 Renasant Corp RNST | 9.07 | -40.00% | 🇺🇸 USA |
 Pinnacle Financial Partners
PNFP | 7.35 | -51.35% | 🇺🇸 USA |
 First Horizon National FHN | 6.40 | -57.68% | 🇺🇸 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.