P/E ratio for Trimble (TRMB)

P/E ratio history for Trimble from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Faro Technologies FARO	-7.95	-115.23%	🇺🇸 USA
Autodesk ADSK	73.1	40.12%	🇺🇸 USA
Garmin GRMN	38.1	-26.90%	🇨🇭 Switzerland
Danaher DHR	28.6	-45.11%	🇺🇸 USA
Motorola Solutions MSI	45.6	-12.62%	🇺🇸 USA
3M MMM	-9.68	-118.55%	🇺🇸 USA
Caterpillar CAT	20.5	-60.80%	🇺🇸 USA
Honeywell HON	27.8	-46.64%	🇺🇸 USA
Raven Industries RAVN	N/A	N/A	🇺🇸 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.