RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Trane Technologies P/S 2024

Trane Technologies P/S

3.59

Trane Technologies Dividend yield

0.99 %

Ticker

TT

ISIN

IE00BK9ZQ967

WKN

A2P09K

As of Apr 29, 2024, Trane Technologies's P/S ratio stood at 3.59, a 65.44% change from the 2.17 P/S ratio recorded in the previous year.

The Trane Technologies P/S history

Trane Technologies Aktienanalyse

What does Trane Technologies do?

Trane Technologies is a global company operating in the air and energy technology industry. Headquartered in Dublin, Ireland, the company is listed on the New York Stock Exchange and employs approximately 36,000 employees worldwide. Trane's history dates back to its founder James Trane, who started a small plumbing and heating business in La Crosse, Wisconsin in 1885. In 1913, the company developed the first air conditioning system for retail and began manufacturing refrigeration systems. Over the following decades, the company expanded its activities in the heating and air conditioning industry. In 1984, Trane merged with American Standard, another company operating in the air and energy technology sector. In 2008, the company was renamed Trane Inc. and joined the Irish company Ingersoll Rand in 2013. In April 2020, the company was renamed Trane Technologies. Trane Technologies' business model is based on the development and manufacture of technologies that contribute to sustainability. The company offers products and services in the areas of air conditioning and refrigeration, heating and heat exchange, as well as air purification and ventilation. Trane's goal is to improve the energy efficiency of buildings and facilities, thereby reducing CO2 emissions and promoting sustainability. The company has five business segments: Residential HVAC, Commercial HVAC, Transport Refrigeration, Power Solutions, and Aftermarket Services. In the Residential HVAC segment, Trane Technologies offers heating and air conditioning systems for private households. The product range includes air conditioners, heat pumps, and humidifiers. In the Commercial HVAC segment, the company develops and manufactures heating, ventilation, air conditioning, and building management systems for businesses and public institutions. This includes energy monitoring, air conditioning, and lighting systems. The Transport Refrigeration segment develops and manufactures cooling systems for freight transportation. This includes refrigerated trailers, containers, and air cooling devices. Power Solutions offers power generation and storage technologies. The portfolio includes batteries and inverters for solar systems, among other products. The Aftermarket Services segment includes service and spare parts for Trane Technologies' products and third-party products. The offering includes maintenance contracts, repairs, consulting, and training. Among Trane Technologies' most innovative products are the EcoWise climate and refrigerant systems, which use environmentally friendly refrigerants. These systems can help reduce CO2 emissions and energy consumption by up to 50%. Additionally, the company offers special IAQ (Indoor Air Quality) systems that enable air purification and disinfection in indoor spaces. As a result, air quality can be improved, and the risk of illnesses can be reduced. Trane Technologies is an innovative company focusing on sustainability. With a wide range of products and services, the company addresses the challenges of climate change and strives for resource-efficient energy use. Trane Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Trane Technologies's P/S Ratio

Trane Technologies's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Trane Technologies's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Trane Technologies's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Trane Technologies’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Trane Technologies Stock

What is the price-to-earnings ratio of Trane Technologies?

The price-earnings ratio of Trane Technologies is currently 3.59.

How has the price-earnings ratio of Trane Technologies changed compared to last year?

The price-to-earnings ratio of Trane Technologies has increased by 65.44% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Trane Technologies high compared to other companies?

Yes, the price-to-earnings ratio of Trane Technologies is high compared to other companies.

How does an increase in the price-earnings ratio of Trane Technologies affect the company?

An increase in the price-earnings ratio of Trane Technologies would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Trane Technologies affect the company?

A decrease in the price-earnings ratio of Trane Technologies would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Trane Technologies?

Some factors that influence the price-earnings ratio of Trane Technologies are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Trane Technologies pay?

Over the past 12 months, Trane Technologies paid a dividend of 3 USD . This corresponds to a dividend yield of about 0.99 %. For the coming 12 months, Trane Technologies is expected to pay a dividend of 3.51 USD.

What is the dividend yield of Trane Technologies?

The current dividend yield of Trane Technologies is 0.99 %.

When does Trane Technologies pay dividends?

Trane Technologies pays a quarterly dividend. This is distributed in the months of September, December, March, July.

How secure is the dividend of Trane Technologies?

Trane Technologies paid dividends every year for the past 24 years.

What is the dividend of Trane Technologies?

For the upcoming 12 months, dividends amounting to 3.51 USD are expected. This corresponds to a dividend yield of 1.15 %.

In which sector is Trane Technologies located?

Trane Technologies is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Trane Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Trane Technologies from 6/28/2024 amounting to 0.84 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Trane Technologies pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Trane Technologies in the year 2023?

In the year 2023, Trane Technologies distributed 2.68 USD as dividends.

In which currency does Trane Technologies pay out the dividend?

The dividends of Trane Technologies are distributed in USD.

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Andere Kennzahlen von Trane Technologies

Our stock analysis for Trane Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Trane Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.