As at Apr 26, 2024, the TRN stock has a price-to-earnings ratio of 20.72. This is based on the current EPS of $1.31 and the stock price of $27.14 per share. A decrease of 21% has been recorded in the PE ratio compared to the average of 26.2 of the past four quarters.
The mean historical PE ratio of Trinity Industries over the last ten years is 72.67. The current 20.72 price-to-earnings ratio is 71% less than the historical average. In the past ten years, TRN's PE ratio reached its highest point in the Sep 2020 quarter at 1,950, with a price of $19.5 and an EPS of $0.01. The Mar 2016 quarter saw the lowest point at 3.96, with a price of $18.31 and an EPS of $4.62.
Maximum annual increase: 164.24% in 2016
Maximum annual decrease: -49.89% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 20.3 | -49.89% |
| 2022 | 40.51 | 140.13% |
| 2021 | 16.87 | N/A |
| 2020 | N/A | N/A |
| 2019 | 20.32 | 7.57% |
| 2018 | 18.89 | 132.92% |
| 2017 | 8.11 | -34.28% |
| 2016 | 12.34 | 164.24% |
| 2015 | 4.67 | -27.48% |
| 2014 | 6.44 | -43.76% |
Currently, TRN's PE ratio is lower than the 3, 5 and 10-year averages.
TRN's PE ratio is less than its peer stock WAB, but it is above CAT's and GBX's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GBX Greenbrier Companies Inc | 14.46 | $1.59B |
| CAT Caterpillar Inc | 17.28 | $178.45B |
| TRN Trinity Industries Inc | 20.66 | $2.22B |
| WAB Westinghouse Air Brake Technologies Corp | 31.76 | $28.79B |
| RAIL FreightCar America Inc | N/A | $65.13M |
| IEP Icahn Enterprises Lp | N/A | $7.53B |
The price to earnings ratio for TRN stock as of Apr 26, 2024, stands at 20.72.
Over the last 3 years, the average PE ratio for TRN stock is 23.17.
Over the last 5 years, the average PE ratio for TRN stock is 155.94.
Over the last ten years, the quarterly PE ratio reached a historic high of 1,950 in the Sep 2020 quarter.
TRN's current price to earnings ratio is 71% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Trinity Industries's stock price is $27.14. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.31. Therefore, Trinity Industries's price to earnings ratio for today is 20.72. PE RATIO(20.72) = STOCK PRICE($27.14) / TTM EPS($1.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.