What is the price-to-earnings ratio of Trex Co?
The price-earnings ratio of Trex Co is currently 40.97.
Trex Co P/E 2024
Trex Co P/E
40.97
Ticker
TREX
ISIN
US89531P1057
WKN
938716
As of Sep 16, 2024, Trex Co's P/E ratio was 40.97, a 44.98% change from the 28.26 P/E ratio recorded in the previous year.
The Trex Co P/E history
Trex Co Aktienanalyse
What does Trex Co do?
Trex Company Inc is a US-American company specializing in the production and distribution of high-quality decking and railing systems. It was founded in 1996 and is headquartered in Winchester, Virginia. The company was established by Andrew Ferrari and Roger Wittenberg, who experimented with a novel material made from recycled plastic and wood particles. This material proved to be durable, long-lasting, and environmentally friendly, leading to the commercialization of Trex Company Inc. Trex's business model is based on manufacturing and selling advanced decking products made from a combination of recycled materials, such as wood and plastic fibers. The company prioritizes sustainability and environmental friendliness, advocating for recycling and resource conservation. Trex specializes in three main areas: decking, railing, and outdoor lighting. Its decking products are weather-resistant, low-maintenance, and durable, ensuring long-lasting aesthetic appeal without significant upkeep costs. The railing systems offered by Trex are not only visually appealing but also provide safety and protection for any deck. In the outdoor lighting sector, Trex provides energy-efficient lighting solutions designed specifically for decks and gardens, with customizable controls. Additionally, Trex offers various accessories, including underlayment mats, leveling feet, and fastening clips, to ensure seamless installations of decking and railing systems. Over the years, Trex has become a leading company in the decking and railing industry, known for its high-quality products and commitment to sustainability. It has received numerous awards and recognition and has established itself as a prominent brand for decking and railing in the US and many other countries. In summary, Trex Company Inc manufactures high-quality decking and railing systems using a combination of recycled materials, such as wood and plastic fibers. The company specializes in decking, railing, and outdoor lighting, prioritizing sustainability, environmental protection, and durability. Trex is renowned for its dependable and top-quality products. Trex Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Trex Co's P/E Ratio
The Price to Earnings (P/E) Ratio of Trex Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Trex Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Trex Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Trex Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Trex Co stock
How has the price-earnings ratio of Trex Co changed compared to last year?
The price-to-earnings ratio of Trex Co has increased by 44.98% 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 Trex Co high compared to other companies?
Yes, the price-to-earnings ratio of Trex Co is high compared to other companies.
How does an increase in the price-earnings ratio of Trex Co affect the company?
An increase in the price-earnings ratio of Trex Co 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 Trex Co affect the company?
A decrease in the price-earnings ratio of Trex Co 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 Trex Co?
Some factors that influence the price-earnings ratio of Trex Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Trex Co pay?
Over the past 12 months, Trex Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Trex Co is expected to pay a dividend of 0 USD.
What is the dividend yield of Trex Co?
The current dividend yield of Trex Co is .
When does Trex Co pay dividends?
Trex Co pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Trex Co?
Trex Co paid dividends every year for the past 0 years.
What is the dividend of Trex Co?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Trex Co located?
Trex Co is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Trex Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Trex Co from 9/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.
When did Trex Co pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of Trex Co in the year 2023?
In the year 2023, Trex Co distributed 0 USD as dividends.
In which currency does Trex Co pay out the dividend?
The dividends of Trex Co are distributed in USD.
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Andere Kennzahlen von Trex Co
Our stock analysis for Trex Co 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 Trex Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
