As of Jul 25, 2024, the TRNS stock has a PE ratio of 82.56. The calculation is based on the latest EPS of $1.66 and the stock price of $137.05 per share. An increase of 13% has been observed in the PE ratio compared to its average of 73.3 of the last four quarters.
The mean historical PE ratio of Transcat over the last ten years is 32.64. The current 82.56 P/E ratio is 153% higher than the historical average. Looking back at the last ten years, TRNS's PE ratio peaked in the Sep 2023 quarter at 82.62, with a price of $95.01 and an EPS of $1.15. The Dec 2015 quarter marked the lowest point at 13.54, with a price of $8.8 and an EPS of $0.65.
Maximum annual increase: 119.7% in 2021
Maximum annual decrease: -3.59% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 67.13 | 9.83% |
| 2023 | 61.12 | 25.19% |
| 2022 | 48.82 | -3.59% |
| 2021 | 50.64 | 119.7% |
| 2020 | 23.05 | -0.69% |
| 2019 | 23.21 | 23.06% |
| 2018 | 18.86 | -2.08% |
| 2017 | 19.26 | 13.96% |
| 2016 | 16.9 | 4% |
| 2015 | 16.25 | -1.93% |
Currently, TRNS's PE ratio is higher than its 3, 5 and 10-year averages.
TRNS's PE ratio stands higher than its peer stocks DHR and EMR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 6.21 | $66.84B |
| A Agilent Technologies Inc | 32.31 | $40.06B |
| DHR Danaher Corp | 48.14 | $197.82B |
| TRNS Transcat Inc | 84.34 | $1.28B |
| COHU Cohu Inc | N/A | $1.48B |
As of Jul 25, 2024, TRNS stock has a price to earnings ratio of 82.56.
As an average over the last 3 years, TRNS stock has a PE ratio of 59.08.
As an average over the last 5 years, TRNS stock has a PE ratio of 47.56.
Over the last ten years, the quarterly PE ratio reached its highest level at 82.62 in the Sep 2023 quarter.
TRNS's current price to earnings ratio is 153% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Transcat's share price is $137.05. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.66. Therefore, Transcat's PE ratio for today is 82.56. PE RATIO(82.56) = STOCK PRICE($137.05) / TTM EPS($1.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.