Back to TRMD overview

TRMD Torm PE ratio, current and historical analysis

As of Jun 20, 2024, the TRMD stock has a PE ratio of 4.54. The calculation is based on the latest EPS of $7.91 and the stock price of $35.89 per share. An increase of 28% has been observed in the PE ratio compared to its average of 3.5 of the last four quarters.

TRMD PE ratio history

How has TRMD's PE ratio performed in the past

The mean historical PE ratio of Torm over the last five years is 65.86. The current 4.54 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.

Average
65.86
Median
4.32
Minimum
1.84
Maximum
900

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

What is the average PE ratio of TRMD for the past years

Currently, TRMD's PE ratio is lower than its 3 and 5-year averages.

3-year avg
4.84
5-year avg
65.86
10-year avg
N/A
15-year avg
N/A

Frequently asked questions

What is Torm's PE ratio?

TRMD stock has a price to earnings ratio of 4.54 as of Jun 20, 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 4.84.

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 65.86.

What is the highest PE ratio for TRMD?

Over the last five 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 93% below its 5-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 (Jun 20, 2024), Torm's share price is $35.89. 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 4.54. PE RATIO(4.54) = STOCK PRICE($35.89) / TTM EPS($7.91)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.