TREX Trex PE ratio, current and historical analysis
The price-to-earnings ratio for Trex stock stands at 32.12 as of Nov 21, 2024. This is calculated based on the current EPS of $2.19 and the stock price of $70.34 per share. A decrease of 13% has been recorded in the PE ratio compared to the average of 36.9 of the last four quarters.
TREX PE ratio history
Over the last ten years, the average PE ratio of Trex has been 35.72. The current 32.12 P/E ratio is 10% 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 Jun 2016 quarter marked the lowest point at 22.46, with a price of $11.23 and an EPS of $0.5.
Trex PE ratio by year
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% |
TREX average PE ratio chart
The current PE ratio of TREX is lower than the 3, 5 and 10-year averages.
TREX PE vs peers
In comparison to its peer stocks UFPI and SSD, TREX's PE ratio is higher. Trex's PE ratio is trading above the peer group average of 21.97.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UFPI Ufp Industries Inc | 17.85 | $7.93B |
| PATK Patrick Industries Inc | 18.66 | $2.98B |
| SSD Simpson Manufacturing Co Inc | 23.79 | $7.64B |
| AWI Armstrong World Industries Inc | 27.56 | $6.85B |
| TREX Trex Co Inc | 32.12 | $7.54B |
Frequently asked questions
What is Trex's PE ratio?
TREX's price to earnings ratio is 32.12 as of Nov 21, 2024.
What is the 3-year average PE ratio for Trex (TREX)?
As an average over the last 3 years, TREX stock has a PE ratio of 37.35.
What is the 5-year average PE ratio for Trex (TREX)?
As an average over the last 5 years, TREX stock has a PE ratio of 41.69.
What is the highest PE ratio for TREX?
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 74.6.
How does the current PE ratio for TREX compare to its historical average?
The current price to earnings ratio of TREX is 10% lower than the 10-year historical average.
How is TREX's PE ratio calculated (Trex PE ratio formula)?
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 (Nov 21, 2024), Trex's stock price is $70.34. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.19. Therefore, Trex's PE ratio for today is 32.12. PE RATIO(32.12) = STOCK PRICE($70.34) / TTM EPS($2.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.