As of Oct 2, 2023, the Terreno Realty stock's price-to-earnings ratio is 30.31. This results from the current EPS of $1.84 and stock price of $55.77. The PE ratio has increased by 19% from the past four quarters average of 25.5.
The PE ratio of Terreno Realty has averaged 62.69 over the last ten years. The current price-to-earnings ratio of 30.31 is 52% 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 |
|---|---|---|
| 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% |
| 2013 | 118 | 45.21% |
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 SUI and REXR, but it is above MAA's. Terreno Realty's current PE ratio of 30.31 is less than the average of its peers, which is 42.21.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MAA Mid America Apartment Communities Inc | 24.63 | $14.72B |
| TRNO Terreno Realty Corp | 29.73 | $4.59B |
| STAG STAG Industrial Inc | 30.46 | $5.96B |
| REXR Rexford Industrial Realty Inc | 47.72 | $9.75B |
| SUI Sun Communities Inc | 62.86 | $14.23B |
As of Oct 2, 2023, TRNO stock has a price to earnings ratio of 30.31.
The average PE ratio for TRNO stock over the past 3 years is 43.76.
The average PE ratio for TRNO stock over the past 5 years is 46.05.
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 52% 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 (Oct 2, 2023), Terreno Realty's stock price is $55.77. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $1.84. Therefore, Terreno Realty's price to earnings ratio for today is 30.31. PE RATIO(30.31) = STOCK PRICE($55.77) / TTM EPS($1.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.