Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 23.73.
Forward PE Ratio (23.73) = Close Price ($106.23) / Consensus Forward EPS ($4.48)
FORWARD PE RATIO
23.73
SECTOR MEDIAN · INDUSTRIALS
24.34
median of 134 covered companies
CURRENT VS SECTOR MEDIAN
-2.51%
vs the sector median at left
Thomson Reuters Corporation
Market Cap
$46.37B
Forward PE Ratio
23.73
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Thomson Reuters Corporation (TRI) | $46.37B | 23.73 |
| HEICO Corporation (HEI)vs › | $46.89B | 53.94 |
| Paychex, Inc. (PAYX)vs › | $45.19B | 23.13 |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 32.61 |
| HEICO Corporation (HEI-A)vs › | $48.16B | 40.92 |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | 77.99 |
| Ferguson plc (FERG)vs › | $44.31B | 20.10 |
| Carrier Global Corporation (CARR)vs › | $48.46B | 20.30 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 24.69 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 26.90 |
Trailing P/E
28.4
reported TTM EPS
Forward P/E
23.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.48 implies +19.8% EPS growth vs the reported trailing $3.74.
At today's $106.23 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.48 | $4.38 – $4.58 | 9 | 23.7x |
| 2027-12-31 | $5.12 | $4.96 – $5.26 | 8 | 20.8x |
| 2028-12-31 | $5.79 | $5.44 – $6.14 | 2 | 18.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
