Tricon Residential Inc.
TCN
Rank in Stocks
#4873
Established in 1988, Tricon Residential Inc. operates as a rental housing firm... Established in 1988, Tricon Residential Inc. operates as a rental housing firm primarily targeting the middle-income segment. The company owns and oversees a substantial portfolio of approximately 31,000 rental properties, including both detached residences and apartment units. These assets are distributed across 21 markets throughout the United States and Canada, and their operations are streamlined through an integrated, technology-enabled management system. For further details, please visit www.triconresidential.com.
Share Price
$10.91
Last synced: 2024-05-02
Market Cap
$2.98B
Change (1 day)
-3.08%
Change (1 year)
0.00%
Country
CA
Trade Tricon Residential Inc. (TCN)
Category
Real Estate
P/E ratio for Tricon Residential Inc. (TCN)
P/E ratio as of October 2026 TTM: 26.05
According to Tricon Residential Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.05. At the end of 2022 the company had a P/E ratio of 2.94.
P/E ratio history for Tricon Residential Inc. from 2009 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 26.05 | 27.44% |
| 2023 | 20.44 | 594.14% |
| 2022 | 2.94 | -60.96% |
| 2021 | 7.54 | -66.34% |
| 2020 | 22.41 | 0.27% |
| 2019 | 22.35 | 128.16% |
| 2018 | 9.80 | -59.11% |
| 2017 | 23.96 | -2.93% |
| 2016 | 24.68 | 14.05% |
| 2015 | 21.64 | 73.67% |
| 2014 | 12.46 | -46.55% |
| 2013 | 23.32 | -133.76% |
| 2012 | -69.08 | -115.46% |
| 2011 | 446.75 | -2,186.68% |
| 2010 | -21.41 | -77.85% |
| 2009 | -96.67 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 28.77 | 10.44% |
US
|
|
| 26.30 | 0.97% |
CN
|
|
| 34.57 | 32.73% |
DE
|
|
| 3.61 | -86.16% |
DE
|
|
| 14.42 | -44.64% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.