TRNS
Transcat
PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: TRNS
- PE Ratio
As of Jul 31, 2026, the TRNS stock has a PE ratio of 147.19. The calculation is based on the latest EPS of $0.58 and the stock price of $85.37 per share. An increase of 90% has been observed in the PE ratio compared to its average of 77.7 of the last four quarters.
TRNS PE ratio history
The mean historical PE ratio of Transcat over the last ten years is 43.19. The current 147.19 P/E ratio is 241% higher than the historical average. Looking back at the last ten years, TRNS's PE ratio peaked in the Mar 2026 quarter at 122.97, with a price of $71.32 and an EPS of $0.58. The Dec 2016 quarter marked the lowest point at 16.19, with a price of $10.85 and an EPS of $0.67.
Transcat PE ratio by year
Maximum annual increase: 164.79% in 2026
Maximum annual decrease: -56.33% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 122.97 | 164.79% | $71.32 | $0.58 |
| 2025 | 46.44 | -30.82% | $73.38 | $1.58 |
| 2024 | 67.13 | 9.83% | $111.43 | $1.66 |
| 2023 | 61.12 | 25.19% | $86.79 | $1.42 |
| 2022 | 48.82 | -3.59% | $74.21 | $1.52 |
| 2021 | 50.64 | 119.7% | $53.17 | $1.05 |
| 2020 | 23.05 | -0.69% | $25.36 | $1.1 |
| 2019 | 23.21 | 23.06% | $22.98 | $0.99 |
| 2018 | 18.86 | -2.08% | $15.65 | $0.83 |
| 2017 | 19.26 | 13.96% | $12.52 | $0.65 |
| 2016 | 16.9 | 4% | $10.14 | $0.6 |
| 2015 | 16.25 | -1.93% | $9.59 | $0.59 |
| 2014 | 16.57 | 30.27% | $9.28 | $0.56 |
| 2013 | 12.72 | -56.33% | $6.36 | $0.5 |
| 2012 | 29.13 | 38.38% | $13.11 | $0.45 |
Transcat PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 122.97 | 77.57% | $71.32 | $0.58 |
| Dec 2025 | 69.25 | 15.57% | $58.87 | $0.85 |
| Sep 2025 | 59.92 | 2.43% | $73.7 | $1.23 |
| Jun 2025 | 58.5 | 25.97% | $84.82 | $1.45 |
| Mar 2025 | 46.44 | -15.46% | $73.38 | $1.58 |
| Dec 2024 | 54.93 | -6.87% | $106.01 | $1.93 |
| Sep 2024 | 58.98 | -13.26% | $121.5 | $2.06 |
| Jun 2024 | 68 | 1.3% | $119.68 | $1.76 |
| Mar 2024 | 67.13 | -17.06% | $111.43 | $1.66 |
| Dec 2023 | 80.94 | -2.03% | $107.65 | $1.33 |
| Sep 2023 | 82.62 | 32.6% | $95.01 | $1.15 |
| Jun 2023 | 62.31 | 1.95% | $87.24 | $1.4 |
| Mar 2023 | 61.12 | 17.04% | $86.79 | $1.42 |
| Dec 2022 | 52.22 | 3.69% | $69.98 | $1.34 |
| Sep 2022 | 50.36 | 17.83% | $67.98 | $1.35 |
TRNS Price vs fair value
TRNS average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, TRNS's PE ratio is higher than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 147.19, TRNS ranks higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 28.25, Transcat's price to earnings (P/E) is 421% higher.
TRNS PE vs peers
TRNS's PE ratio stands higher than its peer stocks DHR and EMR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| A Agilent Technologies Inc | 27.96 | $39.48B |
| EMR Emerson Electric Company | 34.87 | $84.94B |
| DHR Danaher Corp | 35.1 | $139.41B |
| TRNS Transcat Inc | 150.48 | $815.26M |
| COHU Cohu Inc | N/A | $2.25B |
Frequently asked questions
What is Transcat's PE ratio?
As of Jul 31, 2026, TRNS stock has a price to earnings ratio of 147.19.
What is the 3-year average PE ratio for Transcat (TRNS)?
As an average over the last 3 years, TRNS stock has a PE ratio of 69.97.
What is the 5-year average PE ratio for Transcat (TRNS)?
As an average over the last 5 years, TRNS stock has a PE ratio of 62.57.
What is the highest PE ratio for TRNS?
Within the last ten years, the current PE ratio is at its peak with a value of 147.19.
How does the current PE ratio for TRNS compare to its historical average?
TRNS's current price to earnings ratio is 241% above its 10-year historical average.
Why is Transcat's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is TRNS's PE ratio calculated (Transcat PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 31, 2026), Transcat's share price is $85.37. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.58. Therefore, Transcat's PE ratio for today is 147.19. PE RATIO(147.19) = STOCK PRICE($85.37) / TTM EPS($0.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.