As at Oct 2, 2023, the TRMB stock has a PE ratio of 37.74. This is based on the current EPS of $1.4 and the stock price of $52.84 per share. An increase of 24% has been seen in the P/E ratio compared to the average of 30.4 of the last 4 quarters.
The mean historical PE ratio of Trimble over the last ten years is 41.33. The current 37.74 PE ratio is 9% below 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 |
|---|---|---|
| 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% |
| 2014 | 40.67 | 5.5% |
Currently, TRMB's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
TRMB's PE ratio is lower than its peer stock ADSK, but it is greater than DHR's and CAT's. Trimble's current PE ratio of 37.74 is above the average of its peers, which is 27.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CAT Caterpillar Inc | 16.68 | $137.46B |
| GRMN Garmin Ltd | 19.96 | $19.83B |
| HON Honeywell International Inc | 22.22 | $120.22B |
| DHR Danaher Corp | 25.09 | $159.86B |
| MSI Motorola Solutions Inc | 29.87 | $45.2B |
| TRMB Trimble Inc | 37.35 | $12.98B |
| ADSK Autodesk Inc | 49.8 | $43.43B |
| FARO Faro Technologies Inc | N/A | $276.85M |
| MMM 3M Co | N/A | $49.09B |
The price to earnings ratio for TRMB stock is 37.74 as of Oct 2, 2023.
The average PE ratio for TRMB stock over the past 3 years is 36.19.
The average PE ratio for TRMB stock over the past 5 years is 32.06.
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 9% below 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 (Oct 2, 2023), Trimble's stock price is $52.84. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $1.4. Therefore, Trimble's P/E ratio for today is 37.74. PE RATIO(37.74) = STOCK PRICE($52.84) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.