THR Thermon Group Holdings PE ratio, current and historical analysis
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- Industrials
- NYSE: THR
- PE Ratio
The current PE ratio for Thermon Group Holdings stock as of Jun 5, 2025 is 17.13. This is calculated based on the TTM EPS of $1.59 and the stock price of $27.24 per share. The PE ratio marks a decrease of 16% from its last 4 quarters average of 20.5.
THR PE ratio history
The average historical PE ratio of Thermon Group Holdings for the last ten years is 54.65. The current P/E ratio of 17.13 is 69% lower than the historical average. Looking back at the last ten years, THR's PE ratio peaked in the Mar 2021 quarter at 649.67, when the price was $19.49 and the EPS was $0.03. The lowest point was in the Sep 2022 quarter, when it reached 13.64 with a price of $15.41 and an EPS of $1.13.
Thermon Group Holdings PE ratio by year
Maximum annual increase: 1,452.01% in 2021
Maximum annual decrease: -95.84% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 17.52 | -18.09% | $27.85 | $1.59 |
| 2024 | 21.39 | -13.3% | $32.72 | $1.53 |
| 2023 | 24.67 | -8.63% | $24.92 | $1.01 |
| 2022 | 27 | -95.84% | $16.2 | $0.6 |
| 2021 | 649.67 | 1,452.01% | $19.49 | $0.03 |
| 2020 | 41.86 | 19.57% | $15.07 | $0.36 |
| 2019 | 35.01 | -42.2% | $24.51 | $0.7 |
| 2018 | 60.57 | 30.79% | $22.41 | $0.37 |
| 2017 | 46.31 | 89.87% | $20.84 | $0.45 |
| 2016 | 24.39 | 56.05% | $17.56 | $0.72 |
| 2015 | 15.63 | -44.71% | $24.07 | $1.54 |
| 2014 | 28.27 | 12% | $23.18 | $0.82 |
| 2013 | 25.24 | -49.4% | $22.21 | $0.88 |
| 2012 | 49.88 | N/A | $20.45 | $0.41 |
| 2011 | N/A | N/A | N/A | -$0.6 |
Thermon Group Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 17.52 | -15.36% | $27.85 | $1.59 |
| Dec 2024 | 20.7 | -9.13% | $28.77 | $1.39 |
| Sep 2024 | 22.78 | 8.84% | $29.84 | $1.31 |
| Jun 2024 | 20.93 | -2.15% | $30.76 | $1.47 |
| Mar 2024 | 21.39 | -3.47% | $32.72 | $1.53 |
| Dec 2023 | 22.16 | 0.82% | $32.57 | $1.47 |
| Sep 2023 | 21.98 | -5.79% | $27.47 | $1.25 |
| Jun 2023 | 23.33 | -5.43% | $26.6 | $1.14 |
| Mar 2023 | 24.67 | 27.76% | $24.92 | $1.01 |
| Dec 2022 | 19.31 | 41.57% | $20.08 | $1.04 |
| Sep 2022 | 13.64 | -21.38% | $15.41 | $1.13 |
| Jun 2022 | 17.35 | -35.74% | $14.05 | $0.81 |
| Mar 2022 | 27 | -50.56% | $16.2 | $0.6 |
| Dec 2021 | 54.61 | -49.52% | $16.93 | $0.31 |
| Sep 2021 | 108.19 | 33.34% | $17.31 | $0.16 |
THR Price vs fair value
THR average PE ratio chart
The current PE ratio of THR is lower than its 3, 5 and 10-year averages.
THR PE vs peers
In comparison to its peers MMM and DOW, THR's PE ratio is lower, but it is higher than FLR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FLR Fluor Corp | 4.1 | $7.23B |
| THR Thermon Group Holdings Inc | 17.47 | $918.87M |
| MMM 3M Co | 18.35 | $78.6B |
| DOW Dow Inc | 71.1 | $20.1B |
| VPG Vishay Precision Group Inc | 122.57 | $373.72M |
| DD DuPont de Nemours Inc | N/A | $28.41B |
Frequently asked questions
What is Thermon Group Holdings's PE ratio?
THR stock has a price to earnings ratio of 17.13 as of Jun 5, 2025.
What is the 3-year average PE ratio for Thermon Group Holdings (THR)?
As an average over the last 3 years, THR stock has a PE ratio of 20.48.
What is the 5-year average PE ratio for Thermon Group Holdings (THR)?
As an average over the last 5 years, THR stock has a PE ratio of 71.03.
What is the highest PE ratio for THR?
The highest quarterly PE ratio in the last ten years has been 649.67 and it was in the Mar 2021 quarter.
How does the current PE ratio for THR compare to its historical average?
The current PE ratio of THR is 69% lower than the 10-year historical average.
How is THR's PE ratio calculated (Thermon Group Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 5, 2025), Thermon Group Holdings's share price is $27.24. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.59. Therefore, Thermon Group Holdings's PE ratio for today is 17.13. PE RATIO(17.13) = STOCK PRICE($27.24) / TTM EPS($1.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.