The current PE ratio for Thermon Group Holdings stock as of Jul 25, 2024 is 21.46. This is calculated based on the TTM EPS of $1.53 and the stock price of $32.83 per share. The PE ratio marks a decrease of 3.4% from its last 4 quarters average of 22.2.
The average historical PE ratio of Thermon Group Holdings for the last ten years is 55.22. The current P/E ratio of 21.46 is 61% 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.
Maximum annual increase: 1,452.01% in 2021
Maximum annual decrease: -95.84% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 21.39 | -13.3% |
| 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% |
The current PE ratio of THR is lower than its 3, 5 and 10-year averages.
In comparison to its peers DOW and DD, THR's PE ratio is lower, but it is higher than VPG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VPG Vishay Precision Group Inc | 18.86 | $458.44M |
| THR Thermon Group Holdings Inc | 21.78 | $1.13B |
| FLR Fluor Corp | 28.18 | $8.25B |
| DOW Dow Inc | 31.28 | $37.17B |
| DD DuPont de Nemours Inc | 95.45 | $33.52B |
| MMM 3M Co | N/A | $70.37B |
THR stock has a price to earnings ratio of 21.46 as of Jul 25, 2024.
As an average over the last 3 years, THR stock has a PE ratio of 32.15.
As an average over the last 5 years, THR stock has a PE ratio of 76.95.
The highest quarterly PE ratio in the last ten years has been 649.67 and it was in the Mar 2021 quarter.
The current PE ratio of THR is 61% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Thermon Group Holdings's share price is $32.83. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.53. Therefore, Thermon Group Holdings's PE ratio for today is 21.46. PE RATIO(21.46) = STOCK PRICE($32.83) / TTM EPS($1.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.