Question 1

What is Thomson Reuters's P/E ratio?

Accepted Answer

Thomson Reuters (TRI) P/E ratio is 24.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Thomson Reuters?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Thomson Reuters specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is Thomson Reuters's P/E ratio high or low?

Accepted Answer

Thomson Reuters's P/E ratio of 24.7× is below its own 5-year average of 36.7× and below the sector median of 27.8×. That places the current reading at the 18th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Thomson Reuters's historical P/E ratio range?

Accepted Answer

In the available daily series, Thomson Reuters (TRI) P/E ratio has ranged from a low of 5.5× in 2008 to a high of 230.4× in 2013. The 5-year average is 36.7× and the 5-year median is 32.8×.

Question 7

What was Thomson Reuters's P/E ratio in 2025?

Accepted Answer

Thomson Reuters (TRI) P/E ratio at the end of 2025 was 39.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Thomson Reuters's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$59.67B	$1.50B	39.7×	+6.5×	Dec 31, 2025
2024	$73.36B	$2.21B	33.2×	+8.1×	Dec 31, 2024
2023	$67.54B	$2.69B	25.1×	-18.0×	Dec 31, 2023
2022	$57.56B	$1.34B	43.0×	+32.6×	Dec 31, 2022
2021	$59.24B	$5.69B	10.4×	-26.5×	Dec 31, 2021
2020	$41.39B	$1.12B	36.9×	+13.7×	Dec 31, 2020
2019	$36.32B	$1.56B	23.2×	+16.7×	Dec 31, 2019
2018	$25.95B	$3.96B	6.6×	-16.0×	Dec 31, 2018
2017	$31.52B	$1.40B	22.6×	+12.1×	Dec 31, 2017
2016	$32.60B	$3.10B	10.5×	-13.0×	Dec 31, 2016
2015	$29.52B	$1.25B	23.5×	+6.3×	Dec 31, 2015
2014	$32.79B	$1.91B	17.2×	-213.2×	Dec 31, 2014
2013	$31.56B	$137.00M	230.4×	+218.2×	Dec 31, 2013
2012	$24.43B	$2.01B	12.2×	—	Dec 31, 2012
2011	$23.31B	−$1.39B	—	—	Dec 31, 2011
2010	$32.82B	$909.00M	36.1×	+2.6×	Dec 31, 2010
2009	$28.25B	$844.00M	33.5×	+15.4×	Dec 31, 2009
2008	$25.45B	$1.41B	18.1×	+11.2×	Dec 31, 2008
2007	$27.50B	$4.00B	6.9×	-18.1×	Dec 31, 2007
2006	$28.01B	$1.12B	25.0×	-0.3×	Dec 31, 2006
2005	$23.64B	$934.00M	25.3×	+1.2×	Dec 31, 2005
2004	$24.38B	$1.01B	24.1×	-4.8×	Dec 31, 2004
2003	$25.03B	$866.00M	28.9×	-1.1×	Dec 31, 2003
2002	$18.37B	$613.00M	30.0×	+4.2×	Dec 31, 2002
2001	$19.98B	$776.19M	25.7×	—	Dec 31, 2001


Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for Thomson Reuters (TRI)

P/E Ratio daily chart for Thomson Reuters (TRI)

Historical P/E Ratio for Thomson Reuters (TRI) from 2001 to 2025

About P/E Ratio at Thomson Reuters (TRI)

Thomson Reuters P/E Ratio by Year

Thomson Reuters P/E Ratio 2025: 39.7×

Thomson Reuters P/E Ratio 2024: 33.2×

Thomson Reuters P/E Ratio 2023: 25.1×

Thomson Reuters P/E Ratio 2022: 43.0×

Thomson Reuters P/E Ratio 2021: 10.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Thomson Reuters (TRI) Key Financials

P/E Ratio daily chart for Thomson Reuters (TRI)

Historical P/E Ratio for Thomson Reuters (TRI) from 2001 to 2025

About P/E Ratio at Thomson Reuters (TRI)

Thomson Reuters P/E Ratio by Year

Thomson Reuters P/E Ratio 2025: 39.7×

Thomson Reuters P/E Ratio 2024: 33.2×

Thomson Reuters P/E Ratio 2023: 25.1×

Thomson Reuters P/E Ratio 2022: 43.0×

Thomson Reuters P/E Ratio 2021: 10.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Thomson Reuters's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Thomson Reuters?

+Is Thomson Reuters's P/E ratio high or low?

+What is Thomson Reuters's historical P/E ratio range?

+What was Thomson Reuters's P/E ratio in 2025?

+Why does Thomson Reuters's P/E ratio change over time?

Thomson Reuters (TRI) Key Financials