As of Jul 25, 2024, the Terreno Realty stock's price-to-earnings ratio is 34.86. This results from the current EPS of $1.92 and stock price of $66.93. The PE ratio has increased by 6% from the past four quarters average of 32.9.
The PE ratio of Terreno Realty has averaged 57.87 over the last ten years. The current price-to-earnings ratio of 34.86 is 40% less than the historical average. In the past ten years, TRNO's PE ratio reached its highest point in the Mar 2015 quarter at 152, when the stock price was $22.8 and the EPS was $0.15. The lowest point was recorded in the Dec 2022 quarter, when it reached 21.79 with a price of $56.87 and an EPS of $2.61.
Maximum annual increase: 95.07% in 2019
Maximum annual decrease: -68.58% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.62 | 58.88% |
| 2022 | 21.79 | -68.58% |
| 2021 | 69.34 | 38.65% |
| 2020 | 50.01 | -20.56% |
| 2019 | 62.95 | 95.07% |
| 2018 | 32.27 | -12.57% |
| 2017 | 36.91 | -66.32% |
| 2016 | 109.58 | 25.95% |
| 2015 | 87 | -3.01% |
| 2014 | 89.7 | -23.98% |
The current PE ratio of TRNO is lower than the 3, 5 and 10-year averages.
TRNO's PE ratio is less than its peer stocks REXR and STAG, but it is above MAA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MAA Mid America Apartment Communities Inc | 29.87 | $16.65B |
| TRNO Terreno Realty Corp | 35.79 | $6.65B |
| STAG STAG Industrial Inc | 40.43 | $7.36B |
| REXR Rexford Industrial Realty Inc | 40.88 | $10.77B |
| SUI Sun Communities Inc | N/A | $15.57B |
As of Jul 25, 2024, TRNO stock has a price to earnings ratio of 34.86.
The average PE ratio for TRNO stock over the past 3 years is 38.07.
The average PE ratio for TRNO stock over the past 5 years is 44.96.
Over the last ten years, the quarterly PE ratio reached a historic high of 152 in the Mar 2015 quarter.
TRNO's price to earnings ratio is currently 40% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Terreno Realty's stock price is $66.93. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.92. Therefore, Terreno Realty's price to earnings ratio for today is 34.86. PE RATIO(34.86) = STOCK PRICE($66.93) / TTM EPS($1.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.