Question 1

What is Trimble's P/E ratio?

Accepted Answer

Trimble (TRMB) P/E ratio is 26.0× as of July 22, 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 Trimble?

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 Trimble specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is Trimble's P/E ratio high or low?

Accepted Answer

Trimble's P/E ratio of 26.0× is below its own 5-year average of 34.7× and below the sector median of 29.4×. That places the current reading at the 15th 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 Trimble's historical P/E ratio range?

Accepted Answer

In the available daily series, Trimble (TRMB) P/E ratio has ranged from a low of 9.0× in 2025 to a high of 83.7× in 2017. The 5-year average is 34.7× and the 5-year median is 37.7×.

Question 7

What was Trimble's P/E ratio in 2026?

Accepted Answer

Trimble (TRMB) P/E ratio at the end of 2026 was 43.9×. 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 Trimble'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.


2026	$18.6B	$424M	43.9×	—	Jan 2, 2026
2024	$17.5B	$1.5B	11.7×	-30.7×	Dec 31, 2024
2023	$13.2B	$311M	42.3×	+14.6×	Dec 31, 2023
2022	$12.5B	$450M	27.8×	-16.7×	Dec 31, 2022
2021	$21.9B	$493M	44.5×	+1.5×	Dec 31, 2021
2020	$16.7B	$390M	42.9×	+22.7×	Dec 31, 2020
2019	$10.4B	$514M	20.2×	-9.0×	Dec 31, 2019
2018	$8.27B	$283M	29.3×	-54.4×	Dec 31, 2018
2017	$10.1B	$121M	83.7×	+26.6×	Dec 31, 2017
2016	$7.56B	$132M	57.1×	+12.7×	Dec 31, 2016
2015	$5.37B	$121M	44.4×	+12.2×	Dec 31, 2015
2014	$6.88B	$214M	32.1×	-8.8×	Dec 31, 2014
2013	$8.96B	$219M	40.9×	+1.3×	Dec 31, 2013
2012	$7.57B	$191M	39.6×	+3.8×	Dec 31, 2012
2011	$5.4B	$151M	35.8×	-11.1×	Dec 31, 2011
2010	$4.86B	$104M	46.9×	-1.0×	Dec 31, 2010
2009	$3.04B	$63.4M	48.0×	+29.7×	Dec 31, 2009
2008	$2.58B	$141M	18.2×	-13.1×	Dec 31, 2008
2007	$3.67B	$117M	31.3×	+3.0×	Dec 31, 2007
2006	$2.93B	$104M	28.3×	+5.6×	Dec 31, 2006
2005	$1.93B	$84.9M	22.7×	-2.9×	Dec 31, 2005
2004	$1.73B	$67.7M	25.6×	-6.9×	Dec 31, 2004
2003	$1.25B	$38.5M	32.5×	-3.0×	Dec 31, 2003
2002	$367M	$10.3M	35.5×	—	Dec 31, 2002


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for Trimble (TRMB) 2002-2026

P/E Ratio daily chart for Trimble (TRMB)

Historical P/E Ratio for Trimble (TRMB) from 2002 to 2026

About P/E Ratio at Trimble (TRMB)

Trimble P/E Ratio by Year

Trimble P/E Ratio 2026: 43.9×

Trimble P/E Ratio 2024: 11.7×

Trimble P/E Ratio 2023: 42.3×

Trimble P/E Ratio 2022: 27.8×

Trimble P/E Ratio 2021: 44.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Trimble (TRMB) Key Financials