P/E ratio for Terreno Realty (TRNO)
P/E ratio as of May 2024 (TTM): 30.5
According to Terreno Realty 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.4737. At the end of 2022 the company had a P/E ratio of 21.8.
P/E ratio history for Terreno Realty from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.8 | -68.58% |
| 2021 | 69.3 | 37.47% |
| 2020 | 50.4 | -20.81% |
| 2019 | 63.7 | 95.59% |
| 2018 | 32.6 | -12.69% |
| 2017 | 37.3 | -65.96% |
| 2016 | 110 | 30.79% |
| 2015 | 83.8 | -6.6% |
| 2014 | 89.7 | -23.99% |
| 2013 | 118 | 52.85% |
| 2012 | 77.2 | -303.96% |
| 2011 | -37.9 | 24.55% |
| 2010 | -30.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Mid-America Apartment Communities MAA | 27.3 | -10.36% | 🇺🇸 USA |
 Rexford Industrial REXR | 43.9 | 44.17% | 🇺🇸 USA |
 STAG Industrial STAG | 35.7 | 17.14% | 🇺🇸 USA |
 Sun Communities
SUI | 66.0 | 116.60% | 🇺🇸 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.