Trustmark
TRMK
#4291
Rank
C$2.71 B
Marketcap
$44.38
Share price
-2.62%
Change (1 day)
57.05%
Change (1 year)

P/E ratio for Trustmark (TRMK)

P/E ratio as of September 2024 (TTM): 21.1

According to Trustmark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.0769. At the end of 2022 the company had a P/E ratio of 30.1.

P/E ratio history for Trustmark from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.1116.95%
202113.928.51%
202010.8-27.12%
201914.815.66%
201812.8-37.7%
201720.6-7.17%
201622.164.34%
201513.51.03%
201413.3-13.04%
201315.323.6%
201212.4-14.69%
201114.5-7.48%
201015.7-12.12%
200917.932.57%
200813.50.03%
200713.5-12.99%
200615.52.71%
200515.1-1.87%
200415.45.62%
200314.619.31%
200212.2-13.36%
200114.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.57-54.58%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-44.73%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-39.07%๐Ÿ‡บ๐Ÿ‡ธ USA
9.14-56.65%๐Ÿ‡บ๐Ÿ‡ธ USA
30.5 44.72%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2-42.27%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.