What is the price-to-earnings ratio of TriMas?
The price-earnings ratio of TriMas is currently 15.54.
TriMas P/E 2024
TriMas P/E
15.54
Ticker
TRS
ISIN
US8962152091
WKN
A0MSDG
As of Sep 10, 2024, TriMas's P/E ratio was 15.54, a -41.05% change from the 26.36 P/E ratio recorded in the previous year.
The TriMas P/E history
TriMas Aktienanalyse
What does TriMas do?
The TriMas Corporation is a globally operating company specialized in manufacturing high-quality products and solutions for various industries. It was founded in 1986 as a subsidiary of Masco Corporation and became its independent entity in 2006. TriMas focuses on delivering innovative products and solutions that meet the requirements and expectations of its customers, while prioritizing quality, performance, and reliability. The company also emphasizes sustainability and adopts an environmentally conscious approach in its production processes. TriMas operates in four divisions: Aerospace, Packaging, Specialty Products, and Energy. The Aerospace division manufactures advanced components and systems for the aviation sector, serving renowned aircraft and engine manufacturers worldwide. The Packaging division produces packaging solutions for various industries such as food, pharmaceuticals, and industrial applications. The Specialty Products division offers a wide range of technical solutions for different applications, including fastening systems, conduits, and valves. The Energy division produces components and systems for the oil and gas industry, such as pumps, valves, piping systems, and pressure vessels. TriMas offers a diverse range of products that are utilized by users in various industries. These include valves, seals, screws, sleeves, brake systems, and more. The exceptional quality and reliability of its products have enabled TriMas to continually strengthen its position in the global market, with its products being utilized in over 80 countries worldwide. In summary, TriMas Corporation is a globally leading company in the production of high-quality products and solutions for various industrial applications. From aviation to oil and gas, TriMas provides the perfect solutions for the demanding requirements and applications of today. With a wide range of products, deep technological expertise, and a sustainable approach, TriMas consistently delivers the best to its customers, ensuring its continued success in the market. TriMas ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering TriMas's P/E Ratio
The Price to Earnings (P/E) Ratio of TriMas 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 TriMas'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 TriMas 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 TriMas’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 TriMas stock
How has the price-earnings ratio of TriMas changed compared to last year?
The price-to-earnings ratio of TriMas has increased by -41.05% fallen (meaning "decreased" or "dropped") 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 TriMas high compared to other companies?
Yes, the price-to-earnings ratio of TriMas is high compared to other companies.
How does an increase in the price-earnings ratio of TriMas affect the company?
An increase in the price-earnings ratio of TriMas 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 TriMas affect the company?
A decrease in the price-earnings ratio of TriMas 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 TriMas?
Some factors that influence the price-earnings ratio of TriMas are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does TriMas pay?
Over the past 12 months, TriMas paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 0.65 %. For the coming 12 months, TriMas is expected to pay a dividend of 0.17 USD.
What is the dividend yield of TriMas?
The current dividend yield of TriMas is 0.65 %.
When does TriMas pay dividends?
TriMas pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of TriMas?
TriMas paid dividends every year for the past 5 years.
What is the dividend of TriMas?
For the upcoming 12 months, dividends amounting to 0.17 USD are expected. This corresponds to a dividend yield of 0.72 %.
In which sector is TriMas located?
TriMas is assigned to the 'Industry' sector.
Wann musste ich die Aktien von TriMas kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TriMas from 8/13/2024 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 8/6/2024.
When did TriMas pay the last dividend?
The last dividend was paid out on 8/13/2024.
What was the dividend of TriMas in the year 2023?
In the year 2023, TriMas distributed 0.16 USD as dividends.
In which currency does TriMas pay out the dividend?
The dividends of TriMas are distributed in USD.
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Andere Kennzahlen von TriMas
Our stock analysis for TriMas 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 TriMas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
