As of May 16, 2024, the TRMD stock has a PE ratio of 4.79. The calculation is based on the latest EPS of $7.91 and the stock price of $37.89 per share. An increase of 35% has been observed in the PE ratio compared to its average of 3.5 of the last four quarters.
The mean historical PE ratio of Torm over the last five years is 65.86. The current 4.79 P/E ratio is 93% lower than the historical average. Looking back at the last five 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.
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 |
Currently, TRMD's PE ratio is lower than its 3 and 5-year averages.
TRMD stock has a price to earnings ratio of 4.79 as of May 16, 2024.
As an average over the last 3 years, TRMD stock has a PE ratio of 4.84.
As an average over the last 5 years, TRMD stock has a PE ratio of 65.86.
Over the last five years, the quarterly PE ratio reached its highest level at 900 in the Jun 2019 quarter.
TRMD's current price to earnings ratio is 93% below its 5-year historical average.
TRMD's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 16, 2024), Torm's share price is $37.89. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.91. Therefore, Torm's PE ratio for today is 4.79. PE RATIO(4.79) = STOCK PRICE($37.89) / TTM EPS($7.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.