TRN
Trinity Industries
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: TRN
- PE Ratio
As at Aug 1, 2026, the TRN stock has a price-to-earnings ratio of 7.39. This is based on the current EPS of $4.23 and the stock price of $31.24 per share. A decrease of 41% has been recorded in the PE ratio compared to the average of 12.6 of the past four quarters.
TRN PE ratio history
The mean historical PE ratio of Trinity Industries over the last ten years is 73.39. The current 7.39 price-to-earnings ratio is 90% 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 2018 quarter saw the lowest point at 7.11, with a price of $32.63 and an EPS of $4.59.
Trinity Industries PE ratio by year
Maximum annual increase: 164.24% in 2016
Maximum annual decrease: -59.32% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 8.45 | -59.32% | $26.44 | $3.13 |
| 2024 | 20.77 | 2.32% | $35.1 | $1.69 |
| 2023 | 20.3 | -49.89% | $26.59 | $1.31 |
| 2022 | 40.51 | 140.13% | $29.57 | $0.73 |
| 2021 | 16.87 | N/A | $30.2 | $1.79 |
| 2020 | N/A | N/A | $26.39 | -$1.27 |
| 2019 | 20.32 | 7.57% | $22.15 | $1.09 |
| 2018 | 18.89 | 132.92% | $20.59 | $1.09 |
| 2017 | 8.11 | -34.28% | $37.46 | $4.62 |
| 2016 | 12.34 | 164.24% | $27.76 | $2.25 |
| 2015 | 4.67 | -27.48% | $24.02 | $5.14 |
| 2014 | 6.44 | -43.76% | $28.01 | $4.35 |
| 2013 | 11.45 | 2.32% | $27.26 | $2.38 |
| 2012 | 11.19 | -33.75% | $17.91 | $1.6 |
| 2011 | 16.89 | -45.41% | $15.03 | $0.89 |
Trinity Industries PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 8.17 | -19.27% | $34.58 | $4.23 |
| Mar 2026 | 10.12 | 19.76% | $32.18 | $3.18 |
| Dec 2025 | 8.45 | -64.44% | $26.44 | $3.13 |
| Sep 2025 | 23.76 | 3.8% | $28.04 | $1.18 |
| Jun 2025 | 22.89 | 35.44% | $27.01 | $1.18 |
| Mar 2025 | 16.9 | -18.63% | $28.06 | $1.66 |
| Dec 2024 | 20.77 | 25.8% | $35.1 | $1.69 |
| Sep 2024 | 16.51 | 10.36% | $34.84 | $2.11 |
| Jun 2024 | 14.96 | -16.75% | $29.92 | $2 |
| Mar 2024 | 17.97 | -11.48% | $27.85 | $1.55 |
| Dec 2023 | 20.3 | -24.14% | $26.59 | $1.31 |
| Sep 2023 | 26.76 | -0.07% | $24.35 | $0.91 |
| Jun 2023 | 26.78 | -13.16% | $25.71 | $0.96 |
| Mar 2023 | 30.84 | -23.87% | $24.36 | $0.79 |
| Dec 2022 | 40.51 | 218.73% | $29.57 | $0.73 |
TRN Price vs fair value
TRN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, TRN's PE ratio is lower than the 3, 5 and 10-year averages.
PE comparison
With a P/E of 7.39, TRN stands below the Industrials sector, the industry and its peers average. Looking at its Industrials sector average of 28.25, Trinity Industries's P/E is 74% lower.
TRN PE vs peers
TRN's PE ratio is below its peer stocks CAT and WAB. Trinity Industries is presently trading at a lower PE ratio (7.39) than its peer group average of 25.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TRN Trinity Industries Inc | 7.65 | $2.58B |
| RAIL FreightCar America Inc | 8.86 | $152.52M |
| GBX Greenbrier Companies Inc | 14.46 | $1.55B |
| WAB Westinghouse Air Brake Technologies Corp | 39.29 | $49.37B |
| CAT Caterpillar Inc | 39.88 | $370.74B |
| IEP Icahn Enterprises L P | N/A | $5.2B |
Frequently asked questions
What is Trinity Industries's PE ratio?
The price to earnings ratio for TRN stock as of Aug 1, 2026, stands at 7.39.
What is the 3-year average PE ratio for Trinity Industries (TRN)?
Over the last 3 years, the average PE ratio for TRN stock is 17.3.
What is the 5-year average PE ratio for Trinity Industries (TRN)?
Over the last 5 years, the average PE ratio for TRN stock is 19.42.
What is the highest PE ratio for TRN?
Over the last ten years, the quarterly PE ratio reached a historic high of 1,950 in the Sep 2020 quarter.
How does the current PE ratio for TRN compare to its historical average?
TRN's current price to earnings ratio is 90% below its 10-year historical average.
Why is Trinity Industries's PE ratio so low?
TRN's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is TRN's PE ratio calculated (Trinity Industries PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Aug 1, 2026), Trinity Industries's stock price is $31.24. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $4.23. Therefore, Trinity Industries's price to earnings ratio for today is 7.39. PE RATIO(7.39) = STOCK PRICE($31.24) / TTM EPS($4.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.