Thomson Reuters
TRI
#249
Rank
ยฃ58.06 B
Marketcap
ยฃ129.12
Share price
-0.48%
Change (1 day)
23.82%
Change (1 year)

P/E ratio for Thomson Reuters (TRI)

P/E ratio as of September 2024 (TTM): 34.0

According to Thomson Reuters 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.0193. At the end of 2022 the company had a P/E ratio of 38.3.

P/E ratio history for Thomson Reuters from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202238.3280.04%
202110.1-71.3%
202035.159.1%
201922.1231.96%
20186.64-66.05%
201719.6114.45%
20169.12-55.94%
201520.738.98%
201414.9-92.8%
20132071868.43%
201210.5-175.19%
2011-14.0-146.71%
201029.97.08%
200927.984.03%
200815.2166.12%
20075.71-72.62%
200620.8-2.95%
200521.56.39%
200420.2-14.74%
200323.7-8.92%
200226.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
38.2 12.42%๐Ÿ‡บ๐Ÿ‡ธ USA
45.6 33.90%๐Ÿ‡บ๐Ÿ‡ธ USA
192 465.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-189-654.10%๐Ÿ‡บ๐Ÿ‡ธ USA
24.0-29.39%๐Ÿ‡ฌ๐Ÿ‡ง UK
-30.8-190.52%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-68.30%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.