As at May 16, 2024, the TFPM stock has a price-to-earnings ratio of 88.0. This is based on the current EPS of $0.19 and the stock price of $16.72 per share. An increase of 44% has been recorded in the PE ratio compared to the average of 61.0 of the last four quarters.
The mean historical PE ratio of Triple Flag Precious Metals over the last two years is 52.04. The current 88.0 P/E ratio is 69% higher than the historical average. In the past two years, TFPM's PE ratio peaked in the Mar 2024 quarter at 76.05, with a price of $14.45 and an EPS of $0.19. The Sep 2022 quarter marked the lowest point at 37.21, with a price of $12.65 and an EPS of $0.34.
Maximum annual increase: 88.09% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 73.94 | 88.09% |
| 2022 | 39.31 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
The price to earnings ratio for TFPM stock is 88 as of May 16, 2024.
Within the last two years, the current PE ratio is at its peak with a value of 88.
TFPM's current price to earnings ratio is 69% above its 2-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.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 16, 2024), Triple Flag Precious Metals's stock price is $16.72. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.19. Therefore, Triple Flag Precious Metals's PE ratio for today is 88. PE RATIO(88) = STOCK PRICE($16.72) / TTM EPS($0.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.