As at May 16, 2024, the TRIN stock has a price-to-earnings ratio of 8.96. This is based on the current EPS of $1.66 and the stock price of $14.88 per share. A decrease of 13% has been recorded in the PE ratio compared to the average of 10.3 of the last four quarters.
The mean historical PE ratio of Trinity Capital over the last four years is 112.87. The current 8.96 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 stock RWAY, but it is higher than HTGC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HTGC Hercules Capital Inc | 8.59 | $3.09B |
| TRIN Trinity Capital Inc | 8.96 | $736.24M |
| RWAY Runway Growth Finance Corp | 10.66 | $462.61M |
| TPVG TriplePoint Venture Growth BDC Corp | N/A | $346.67M |
| HRZN Horizon Technology Finance Corp | N/A | $405.19M |
As of May 16, 2024, TRIN stock has a price to earnings ratio of 8.96.
Over the last 3 years, the average price to earnings ratio for TRIN stock is 122.62.
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 8.96 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 (May 16, 2024), Trinity Capital's stock price is $14.88. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.66. Therefore, Trinity Capital's PE ratio for today is 8.96. PE RATIO(8.96) = STOCK PRICE($14.88) / TTM EPS($1.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.