Back to TT overview

TT Trane Technologies PE ratio, current and historical analysis

The PE ratio for Trane Technologies stock stands at 35.18 as of Jun 12, 2024. This is calculated based on the TTM EPS of $9.44 and the stock price of $332.13 per share. An increase of 32% has been observed in the PE ratio compared to its average of 26.6 of the last four quarters.

TT PE ratio history

How has TT's PE ratio performed in the past

Over the last ten years, the average PE ratio of Trane Technologies has been 22.64. The current 35.18 P/E ratio is 55% higher than the historical average. Looking back at the last ten years, TT's PE ratio peaked in the Dec 2020 quarter at 40.78, with a price of $145.16 and an EPS of $3.56. The Jun 2016 quarter marked the lowest point at 11.62, with a price of $63.68 and an EPS of $5.48.

Average
22.64
Median
21.88
Minimum
11.62
Maximum
40.78

Trane Technologies PE ratio by year

Maximum annual increase: 79.17% in 2020

Maximum annual decrease: -40.26% in 2016

Year PE ratio Change
2023 27.56 23.81%
2022 22.26 -34.34%
2021 33.9 -16.87%
2020 40.78 79.17%
2019 22.76 34.99%
2018 16.86 -3.38%
2017 17.45 32.6%
2016 13.16 -40.26%
2015 22.03 19.53%
2014 18.43 -36.86%

TT average PE ratio chart

What is the average PE ratio of TT for the past years

TT's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
26.33
5-year avg
26.48
10-year avg
22.64
15-year avg
22.77

TT PE vs peers

What is TT's PE ratio compared to its peers

TT's PE ratio stands higher than its peer stocks JCI and LII.

Stock name PE ratio Market cap
JCI Johnson Controls International plc 28.48 $47.57B
LII Lennox International Inc 31.14 $19.24B
TT Trane Technologies plc 35.34 $75.5B

Frequently asked questions

What is Trane Technologies's PE ratio?

The price to earnings ratio for TT stock is 35.18 as of Jun 12, 2024.

What is the 3-year average PE ratio for Trane Technologies (TT)?

The 3-year average price to earnings ratio for TT stock is 26.33.

What is the 5-year average PE ratio for Trane Technologies (TT)?

The 5-year average price to earnings ratio for TT stock is 26.48.

What is the highest PE ratio for TT?

Over the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 40.78.

How does the current PE ratio for TT compare to its historical average?

The current PE ratio of TT is 55% higher than the 10-year historical average.

How is TT's PE ratio calculated (Trane Technologies PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 12, 2024), Trane Technologies's share price is $332.13. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.44. Therefore, Trane Technologies's PE ratio for today is 35.18. PE RATIO(35.18) = STOCK PRICE($332.13) / TTM EPS($9.44)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.