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THR Thermon Group Holdings PE ratio, current and historical analysis

The current PE ratio for Thermon Group Holdings stock as of May 22, 2024 is 24.18. This is calculated based on the TTM EPS of $1.47 and the stock price of $35.54 per share. The PE ratio marks an increase of 5% from its last 4 quarters average of 23.0.

THR PE ratio history

How has THR's PE ratio performed in the past

The average historical PE ratio of Thermon Group Holdings for the last ten years is 55.14. The current P/E ratio of 24.18 is 56% 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.

Average
55.14
Median
29.84
Minimum
13.64
Maximum
649.67

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 Change
2023 24.67 -8.63%
2022 27 -95.84%
2021 649.67 1,452.01%
2020 41.86 19.57%
2019 35.01 -42.2%
2018 60.57 30.79%
2017 46.31 89.87%
2016 24.39 56.05%
2015 15.63 -44.71%
2014 28.27 12%

THR average PE ratio chart

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

The current PE ratio of THR is lower than its 3, 5 and 10-year averages.

3-year avg
37.58
5-year avg
77.98
10-year avg
55.14
15-year avg
N/A

THR PE vs peers

What is THR's PE ratio compared to its peers

In comparison to its peers DOW and DD, THR's PE ratio is lower, but it is higher than FLR's and VPG's.

Stock name PE ratio Market cap
VPG Vishay Precision Group Inc 18.29 $444.55M
FLR Fluor Corp 23.83 $6.98B
THR Thermon Group Holdings Inc 24.18 $1.2B
DOW Dow Inc 34.08 $40.5B
DD DuPont de Nemours Inc 93.51 $32.84B
MMM 3M Co N/A $56.16B

Frequently asked questions

What is Thermon Group Holdings's PE ratio?

THR stock has a price to earnings ratio of 24.18 as of May 22, 2024.

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 37.58.

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 77.98.

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 56% 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 (May 22, 2024), Thermon Group Holdings's share price is $35.54. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.47. Therefore, Thermon Group Holdings's PE ratio for today is 24.18. PE RATIO(24.18) = STOCK PRICE($35.54) / TTM EPS($1.47)

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