As of Aug 14, 2026, TT's PEG ratio of 7.84 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 36.08 measured against EPS growth of 4.6%. When compared to the trailing 4-quarter average of 3.95, TT's PEG ratio reflects a 99% increase.
Trane Technologies plc - Class A's ten years historical PEG ratio has a mean of 1.56. Compared to historical data, TT's 7.84 PEG ratio represents an increase of 403%. TT hit its maximum PEG ratio of 8.02 during the Jun 2026 quarter over the last ten years. The Sep 2016 quarter marked the lowest reading at 0.09, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.94 | 29.73 | 15.3% |
| 2024 | 1.15 | 32.54 | 28.2% |
| 2023 | 1.6 | 27.56 | 17.2% |
| 2022 | 0.83 | 22.26 | 26.7% |
| 2021 | 0.5 | 33.9 | 67.4% |
| 2020 | N/A | 40.78 | -39% |
| 2019 | 2.88 | 22.76 | 7.9% |
| 2018 | 2.86 | 16.86 | 5.9% |
| 2017 | N/A | 17.45 | -10.4% |
| 2016 | 0.1 | 13.16 | 127.1% |
| 2015 | N/A | 22.03 | -27% |
| 2014 | 0.29 | 18.43 | 63% |
| 2013 | N/A | 29.19 | -37% |
| 2012 | 0.07 | 14.32 | 216% |
| 2011 | N/A | 28.75 | -46.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 8.02 | 36.9 | 4.6% |
| Mar 2026 | 4.26 | 31.96 | 7.5% |
| Dec 2025 | 1.94 | 29.73 | 15.3% |
| Sep 2025 | 1.57 | 32.19 | 20.5% |
| Jun 2025 | 1.39 | 34.39 | 24.7% |
| Mar 2025 | 0.97 | 27.78 | 28.5% |
| Dec 2024 | 1.15 | 32.54 | 28.2% |
| Sep 2024 | 1.32 | 35.73 | 27.1% |
| Jun 2024 | 1.31 | 32.25 | 24.7% |
| Mar 2024 | 1.5 | 31.8 | 21.2% |
| Dec 2023 | 1.6 | 27.56 | 17.2% |
| Sep 2023 | 1.05 | 23.7 | 22.5% |
| Jun 2023 | 0.8 | 23.38 | 29.2% |
| Mar 2023 | 0.85 | 23.62 | 27.9% |
| Dec 2022 | 0.83 | 22.26 | 26.7% |
TT's PEG ratio today sits above the 3, 5 and 10-year averages.
With a PEG of 7.84, TT stands higher than the Industrials sector and the industry average.
Relative to its peer stock JCI, TT's PEG ratio is higher.
Based on Aug 14, 2026 data, TT has a PEG ratio of 7.84.
Across the past 3 years, TT's PEG ratio has averaged at 2.17.
Across the past 5 years, TT's PEG ratio has averaged at 1.65.
The Jun 2026 quarter marked the ten years high at 8.02 for TT's PEG ratio.
At present, TT's PEG ratio is 403% higher than its 10-year historical average.
Slow earnings growth combined with a rich valuation drives TT's PEG ratio to 7.84.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Aug 14, 2026, Trane Technologies plc - Class A has a PE ratio of 36.08. Earnings grew at 4.6% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 7.84. PEG RATIO(7.84) = PE RATIO(36.08) / EPS GROWTH(4.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.