The price-to-earnings ratio for Trex stock stands at 33.68 as of Jul 25, 2024. This is calculated based on the current EPS of $2.33 and the stock price of $78.48 per share. A decrease of 21% has been recorded in the PE ratio compared to the average of 42.7 of the last four quarters.
Over the last ten years, the average PE ratio of Trex has been 35.64. The current 33.68 P/E ratio is 5% lower than the historical average. In the past ten years, TREX's PE ratio peaked in the Dec 2021 quarter at 74.6, with a price of $135.03 and an EPS of $1.81. The Sep 2014 quarter marked the lowest point at 22.16, with a price of $8.64 and an EPS of $0.39.
Maximum annual increase: 70.76% in 2023
Maximum annual decrease: -65.62% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 43.8 | 70.76% |
| 2022 | 25.65 | -65.62% |
| 2021 | 74.6 | 35.44% |
| 2020 | 55.08 | 51.99% |
| 2019 | 36.24 | 40.41% |
| 2018 | 25.81 | -22.84% |
| 2017 | 33.45 | 20.5% |
| 2016 | 27.76 | 10.91% |
| 2015 | 25.03 | -24.77% |
| 2014 | 33.27 | -12.97% |
The current PE ratio of TREX is lower than the 3, 5 and 10-year averages.
In comparison to its peer stocks SSD and UFPI, TREX's PE ratio is higher. Trex's PE ratio is trading above the peer group average of 20.09.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UFPI Ufp Industries Inc | 15.8 | $7.96B |
| PATK Patrick Industries Inc | 18.34 | $2.82B |
| SSD Simpson Manufacturing Co Inc | 23.97 | $8.11B |
| AWI Armstrong World Industries Inc | 24.58 | $5.74B |
| TREX Trex Co Inc | 35.41 | $8.97B |
TREX's price to earnings ratio is 33.68 as of Jul 25, 2024.
As an average over the last 3 years, TREX stock has a PE ratio of 39.9.
As an average over the last 5 years, TREX stock has a PE ratio of 42.73.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 74.6.
The current price to earnings ratio of TREX is 5% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Trex's stock price is $78.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.33. Therefore, Trex's PE ratio for today is 33.68. PE RATIO(33.68) = STOCK PRICE($78.48) / TTM EPS($2.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.