As at Jul 25, 2024, the TRMB stock has a PE ratio of 43.41. This is based on the current EPS of $1.26 and the stock price of $54.7 per share.
The mean historical PE ratio of Trimble over the last ten years is 41.48. The current 43.41 PE ratio is 4.7% above the historical average. Over the past ten years, TRMB's PE ratio was at its highest in the Dec 2017 quarter at 86.47, with a price of $40.64 and an EPS of $0.47. The Apr 2020 quarter recorded the bottom point at 13.88, with a price of $28.46 and an EPS of $2.05.
Maximum annual increase: 111.36% in 2021
Maximum annual decrease: -67.31% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 42.22 | 51.16% |
| 2022 | 27.93 | -37.21% |
| 2021 | 44.48 | 3.93% |
| 2021 | 42.8 | 111.36% |
| 2020 | 20.25 | -28.37% |
| 2018 | 28.27 | -67.31% |
| 2017 | 86.47 | 52% |
| 2016 | 56.89 | 24.65% |
| 2016 | 45.64 | 39.06% |
| 2015 | 32.82 | -19.3% |
Currently, TRMB's PE ratio is greater than its 3, 5 and 10-year historical averages.
TRMB's PE ratio is lower than its peer stocks DHR and MSI, but it is greater than CAT's and HON's. Trimble's current PE ratio of 43.41 is above the average of its peers, which is 34.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CAT Caterpillar Inc | 15.74 | $171.48B |
| HON Honeywell International Inc | 22.99 | $131.71B |
| GRMN Garmin Ltd | 24.99 | $34.18B |
| TRMB Trimble Inc | 43.94 | $13.6B |
| MSI Motorola Solutions Inc | 47.26 | $65.67B |
| DHR Danaher Corp | 48.14 | $197.82B |
| ADSK Autodesk Inc | 51.8 | $52.03B |
| FARO Faro Technologies Inc | N/A | $330.73M |
| MMM 3M Co | N/A | $70.37B |
The price to earnings ratio for TRMB stock is 43.41 as of Jul 25, 2024.
The average PE ratio for TRMB stock over the past 3 years is 35.19.
The average PE ratio for TRMB stock over the past 5 years is 32.87.
The highest quarterly PE ratio in the last ten years has been 86.47 and it was in the Dec 2017 quarter.
TRMB's current price to earnings ratio is 4.7% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Trimble's stock price is $54.7. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.26. Therefore, Trimble's P/E ratio for today is 43.41. PE RATIO(43.41) = STOCK PRICE($54.7) / TTM EPS($1.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.