As of May 6, 2024, the TRNS stock has a PE ratio of 85.41. The calculation is based on the latest EPS of $1.33 and the stock price of $113.6 per share. An increase of 19% has been observed in the PE ratio compared to its average of 71.7 of the last four quarters.
The mean historical PE ratio of Transcat over the last ten years is 31.43. The current 85.41 P/E ratio is 172% 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 |
|---|---|---|
| 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% |
| 2014 | 16.57 | 30.27% |
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 | 5.5 | $60.74B |
| A Agilent Technologies Inc | 33.32 | $41.21B |
| DHR Danaher Corp | 41.51 | $183.25B |
| TRNS Transcat Inc | 85.41 | $1B |
| COHU Cohu Inc | N/A | $1.36B |
As of May 6, 2024, TRNS stock has a price to earnings ratio of 85.41.
As an average over the last 3 years, TRNS stock has a PE ratio of 56.64.
As an average over the last 5 years, TRNS stock has a PE ratio of 45.32.
Within the last ten years, the current PE ratio is at its peak with a value of 85.41.
TRNS's current price to earnings ratio is 172% 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 (May 6, 2024), Transcat's share price is $113.6. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.33. Therefore, Transcat's PE ratio for today is 85.41. PE RATIO(85.41) = STOCK PRICE($113.6) / TTM EPS($1.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.