As at Apr 26, 2024, the TRMK stock has a PE ratio of 11.09. This is based on the current EPS of $2.71 and the stock price of $30.05 per share. A decrease of 16% has been recorded in the PE ratio compared to the average of 13.3 of the last four quarters.
The mean historical PE ratio of Trustmark over the last ten years is 15.01. The current 11.09 P/E ratio is 26% lower than the historical average. In the past ten years, TRMK's PE ratio peaked in the Dec 2022 quarter at 29.84, with a price of $34.91 and an EPS of $1.17. The Jun 2021 quarter marked the lowest point at 9.48, with a price of $30.8 and an EPS of $3.25.
Maximum annual increase: 116.08% in 2022
Maximum annual decrease: -65.52% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.29 | -65.52% |
| 2022 | 29.84 | 116.08% |
| 2021 | 13.81 | 27.4% |
| 2020 | 10.84 | -26.81% |
| 2019 | 14.81 | 15.61% |
| 2018 | 12.81 | -37.27% |
| 2017 | 20.42 | -8.35% |
| 2016 | 22.28 | 66.27% |
| 2015 | 13.4 | -0.07% |
| 2014 | 13.41 | -12.58% |
The current PE ratio of TRMK is lower than the 3, 5 and 10-year averages.
In comparison to its peers PNFP and RNST, TRMK's PE ratio is lower, but it is higher than RF's and FHN's. Trustmark is presently trading at a lower PE ratio (11.09) than its peer group average of 13.95.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RF Regions Financial Corp | 9.3 | $18.03B |
| FHN First Horizon Corp | 9.37 | $8.28B |
| FBMS First Bancshares Inc | 9.92 | $746.35M |
| TRMK Trustmark Corp | 11.09 | $1.84B |
| PNFP Pinnacle Financial Partners Inc | 11.15 | $6.18B |
| RNST Renasant Corp | 11.57 | $1.68B |
| SP SP Plus Corp | 32.37 | $1.01B |
As of Apr 26, 2024, TRMK stock has a price to earnings ratio of 11.09.
The average PE ratio for TRMK stock over the past 3 years is 14.88.
The average PE ratio for TRMK stock over the past 5 years is 13.8.
In the last ten years, the Dec 2022 quarter recorded the highest quarterly PE ratio at 29.84.
TRMK's current price to earnings ratio is 26% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 26, 2024), Trustmark's stock price is $30.05. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.71. Therefore, Trustmark's PE ratio for today is 11.09. PE RATIO(11.09) = STOCK PRICE($30.05) / TTM EPS($2.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.