TRMD Torm PE ratio, current and historical analysis
As of Nov 21, 2024, the TRMD stock has a PE ratio of 2.8. The calculation is based on the latest EPS of $7.76 and the stock price of $21.71 per share. A decrease of 33% has been observed in the PE ratio compared to its average of 4.2 of the last four quarters.
TRMD PE ratio history
The mean historical PE ratio of Torm over the last six years is 62.28. The current 2.8 P/E ratio is 96% lower than the historical average. Looking back at the last six years, TRMD's PE ratio peaked in the Jun 2019 quarter at 900, with a price of $9 and an EPS of $0.01. The Sep 2020 quarter marked the lowest point at 1.84, with a price of $6.82 and an EPS of $3.71.
Torm PE ratio by year
Maximum annual increase: 22.31% in 2020
Maximum annual decrease: -7.11% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 3.92 | -7.11% |
| 2022 | 4.22 | N/A |
| 2021 | N/A | N/A |
| 2020 | 5.92 | 22.31% |
| 2019 | 4.84 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
TRMD average PE ratio chart
Currently, TRMD's PE ratio is lower than its 3 and 5-year averages.
Frequently asked questions
What is Torm's PE ratio?
TRMD stock has a price to earnings ratio of 2.8 as of Nov 21, 2024.
What is the 3-year average PE ratio for Torm (TRMD)?
As an average over the last 3 years, TRMD stock has a PE ratio of 4.86.
What is the 5-year average PE ratio for Torm (TRMD)?
As an average over the last 5 years, TRMD stock has a PE ratio of 8.12.
What is the highest PE ratio for TRMD?
Over the last six years, the quarterly PE ratio reached its highest level at 900 in the Jun 2019 quarter.
How does the current PE ratio for TRMD compare to its historical average?
TRMD's current price to earnings ratio is 96% below its 6-year historical average.
Why is Torm's PE ratio so low?
TRMD's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is TRMD's PE ratio calculated (Torm PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Torm's share price is $21.71. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $7.76. Therefore, Torm's PE ratio for today is 2.8. PE RATIO(2.8) = STOCK PRICE($21.71) / TTM EPS($7.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.