As at Nov 22, 2024, the TRIN stock has a price-to-earnings ratio of 8.19. This is based on the current EPS of $1.75 and the stock price of $14.34 per share. The current PE ratio is comparable to the past four-quarter average.
The mean historical PE ratio of Trinity Capital over the last four years is 97.88. The current 8.19 P/E ratio is 92% lower than the historical average. In the past four years, TRIN's PE ratio peaked in the Mar 2023 quarter at 1,273, with a price of $12.73 and an EPS of $0.01. The Dec 2021 quarter marked the lowest point at 3.45, with a price of $17.58 and an EPS of $5.09.
Year | PE ratio | Change |
---|---|---|
2023 | 7.34 | N/A |
2022 | N/A | N/A |
2021 | 3.45 | N/A |
2020 | N/A | N/A |
Currently, TRIN's PE ratio is lower than the 3-year average.
TRIN's PE ratio stands lower than its peer stocks HTGC and RWAY.
Stock name | PE ratio | Market cap |
---|---|---|
TRIN Trinity Capital Inc | 8.16 | $841.47M |
HTGC Hercules Capital Inc | 9.2 | $3.07B |
RWAY Runway Growth Finance Corp | 10 | $388.96M |
TPVG TriplePoint Venture Growth BDC Corp | 43.42 | $330.4M |
HRZN Horizon Technology Finance Corp | N/A | $355.31M |
As of Nov 22, 2024, TRIN stock has a price to earnings ratio of 8.19.
Over the last 3 years, the average price to earnings ratio for TRIN stock is 123.25.
Over the last four years, the quarterly PE ratio reached a historic high of 1,273 in the Mar 2023 quarter.
TRIN's current price to earnings ratio is 92% below its 4-year historical average.
TRIN's PE ratio of 8.19 is considered low because the company's stock price is trading at a lower multiple of earnings.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 22, 2024), Trinity Capital's stock price is $14.34. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.75. Therefore, Trinity Capital's PE ratio for today is 8.19. PE RATIO(8.19) = STOCK PRICE($14.34) / TTM EPS($1.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.