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TRNS Transcat PE ratio, current and historical analysis

As of Jun 14, 2024, the TRNS stock has a PE ratio of 73.25. The calculation is based on the latest EPS of $1.66 and the stock price of $121.59 per share. The PE ratio currently is comparable to its last four-quarter average.

TRNS PE ratio history

How has TRNS's PE ratio performed in the past

The mean historical PE ratio of Transcat over the last ten years is 32.32. The current 73.25 P/E ratio is 127% 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.

Average
32.32
Median
22.84
Minimum
13.54
Maximum
82.62

Transcat PE ratio by year

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%

TRNS average PE ratio chart

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

Currently, TRNS's PE ratio is higher than its 3, 5 and 10-year averages.

3-year avg
57.52
5-year avg
46.41
10-year avg
32.32
15-year avg
29.27

TRNS PE vs peers

What is TRNS's PE ratio compared to its peers

TRNS's PE ratio stands higher than its peer stocks DHR and EMR.

Stock name PE ratio Market cap
EMR Emerson Electric Co 5.66 $60.91B
A Agilent Technologies Inc 30.55 $37.89B
DHR Danaher Corp 42.76 $188.76B
TRNS Transcat Inc 73.25 $1.11B
COHU Cohu Inc N/A $1.48B

Frequently asked questions

What is Transcat's PE ratio?

As of Jun 14, 2024, TRNS stock has a price to earnings ratio of 73.25.

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 57.52.

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 46.41.

What is the highest PE ratio for TRNS?

Over the last ten years, the quarterly PE ratio reached its highest level at 82.62 in the Sep 2023 quarter.

How does the current PE ratio for TRNS compare to its historical average?

TRNS's current price to earnings ratio is 127% 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 (Jun 14, 2024), Transcat's share price is $121.59. 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 73.25. PE RATIO(73.25) = STOCK PRICE($121.59) / TTM EPS($1.66)

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