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	-8.39	-115.74%	🇺🇸 USA
Autodesk ADSK	78.7	47.52%	🇺🇸 USA
Garmin GRMN	38.7	-27.40%	🇨🇭 Switzerland
Danaher DHR	29.4	-44.86%	🇺🇸 USA
Motorola Solutions MSI	49.3	-7.54%	🇺🇸 USA
3M MMM	-9.57	-117.94%	🇺🇸 USA
Caterpillar CAT	22.3	-58.16%	🇺🇸 USA
Honeywell HON	28.2	-47.18%	🇺🇸 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.