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Terreno Realty Corporation (TRNO)
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Terreno Realty Corporation (TRNO) PE Ratio: 16.44

Is Terreno Realty Corporation’s P/E ratio high or low?

Terreno Realty Corporation's P/E ratio of 16.44 is 56% below its 5-year average of 37.00, near the low end of its 5-year range (15.52–91.71).

The P/E ratio for Terreno Realty Corporation (TRNO) is 16.44 as of Wednesday, June 10, 2026. It is below its 12-month average by 20.90% (20.78).

PE Ratio (16.44) = Close Price ($67.07) / Diluted TTM EPS ($4.08)

TRNO PE Ratio Chart

TRNO PE Ratio
16.44-46.01% 1Y
Zoom

TRNO Average PE Ratio Chart

TRNO Current vs Average PE Ratio Chart

TRNO PE Ratio Metrics

PE RATIO

16.44

PE RATIO AVG TTM

20.78

PE RATIO AVG 3Y

28.67

PE RATIO AVG 5Y

37.00

PE RATIO AVG 10Y

52.82

PE RATIO AVG 15Y

57.67

PE RATIO AVG 20Y

57.67

CURRENT VS TTM AVG

-20.90%

CURRENT VS 3Y AVG

-42.66%

CURRENT VS 5Y AVG

-55.57%

CURRENT VS 10Y AVG

-68.88%

CURRENT VS 15Y AVG

-71.49%

CURRENT VS 20Y AVG

-71.49%

TRNO Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Terreno Realty Corporation (TRNO)16.4420.7828.6737.00
NNN REIT, Inc. (NNN)$8.83B22.5320.3919.9023.50
Agree Realty Corporation (ADC)$9.07B40.6042.3839.1539.14
Crown Castle Inc. (CCI)$40.76B38.5969.6337.4646.62
Public Storage (PSA)$56.87B33.4330.5527.0028.15
Realty Income Corporation (O)$57.93B50.9254.4550.2854.51
Digital Realty Trust, Inc. (DLR)$63.53B47.5862.6776.4567.36
Simon Property Group, Inc. (SPG)$69.02B14.8323.2521.5121.55
American Tower Corporation (AMT)$89.65B31.0944.2664.1057.44
Equinix, Inc. (EQIX)$102.40B71.8675.3581.72101.42

P/E vs. its own history

At 16.4, P/E is cheaper than usual — richer than 1% of its 13-year range.

13-year low

15.5

median

49.8

13-year high

160.4

cheaperricher

P/E Comparison

Trailing P/E

16.4

Forward P/E

39.9

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$67.07

÷

Forward EPS (Est.)

$1.68

=

Forward P/E

39.92

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Terreno Realty Corporation PE Ratio Formula & Definition

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

Terreno Realty Corporation PE Ratio FAQ

What is the P/E ratio for Terreno Realty Corporation (TRNO)?
The P/E ratio for TRNO stock is 16.44.
Is Terreno Realty Corporation's P/E ratio high or low?
Terreno Realty Corporation's P/E ratio of 16.44 is 56% below its 5-year average of 37.00, near the low end of its 5-year range (15.52–91.71).
What is the TTM average P/E ratio for Terreno Realty Corporation (TRNO)?
The TTM average P/E ratio for TRNO stock is 20.78.
What is the 3Y average P/E ratio for Terreno Realty Corporation (TRNO)?
The 3Y average P/E ratio for TRNO stock is 28.67.
What is the 5Y average P/E ratio for Terreno Realty Corporation (TRNO)?
The 5Y average P/E ratio for TRNO stock is 37.00.
What is the 10Y average P/E ratio for Terreno Realty Corporation (TRNO)?
The 10Y average P/E ratio for TRNO stock is 52.82.
What is the 15Y average P/E ratio for Terreno Realty Corporation (TRNO)?
The 15Y average P/E ratio for TRNO stock is 57.67.
What is the 20Y average P/E ratio for Terreno Realty Corporation (TRNO)?
The 20Y average P/E ratio for TRNO stock is 57.67.

Terreno Realty Corporation PE Ratio History

DATEPE RATIO
2026-06-1016.44
2026-06-0916.40
2026-06-0815.64
2026-06-0515.77
2026-06-0415.81
2026-06-0315.71
2026-06-0215.61
2026-06-0115.53
2026-05-2916.10
2026-05-2816.38
2026-05-2716.36
2026-05-2616.35
2026-05-2216.19
2026-05-2116.26
2026-05-2016.22
2026-05-1915.90
2026-05-1816.13
2026-05-1515.94
2026-05-1416.11
2026-05-1316.25
2026-05-1216.15
2026-05-1116.11
2026-05-0816.23
2026-05-0716.31
2026-05-0616.20
2026-05-0516.71
2026-05-0416.59
2026-05-0116.78
2026-04-3016.76
2026-04-2916.66
2026-04-2816.98
2026-04-2716.95
2026-04-2416.78
2026-04-2317.05
2026-04-2216.96
2026-04-2117.03
2026-04-2017.26
2026-04-1717.21
2026-04-1616.90
2026-04-1516.90
2026-04-1416.88
2026-04-1316.86
2026-04-1016.80
2026-04-0916.78
2026-04-0816.47
2026-04-0716.15
2026-04-0616.11
2026-04-0215.98
2026-04-0115.88
2026-03-3115.79
2026-03-3015.58
2026-03-2715.60
2026-03-2615.88
2026-03-2515.85
2026-03-2415.68
2026-03-2315.69
2026-03-2015.52
2026-03-1915.91
2026-03-1816.00
2026-03-1716.32
2026-03-1616.19
2026-03-1315.98
2026-03-1215.97
2026-03-1116.12
2026-03-1016.25
2026-03-0916.12
2026-03-0616.08
2026-03-0516.38
2026-03-0416.70
2026-03-0316.81
2026-03-0217.06
2026-02-2716.98
2026-02-2617.05
2026-02-2517.04
2026-02-2416.80
2026-02-2316.90
2026-02-2016.94
2026-02-1916.70
2026-02-1816.87
2026-02-1717.02
2026-02-1316.99
2026-02-1216.58
2026-02-1116.82
2026-02-1016.81
2026-02-0916.96
2026-02-0616.99
2026-02-0516.73
2026-02-0416.57
2026-02-0319.98
2026-02-0219.67
2026-01-3019.66
2026-01-2919.63
2026-01-2819.15
2026-01-2719.65
2026-01-2619.50
2026-01-2319.97
2026-01-2219.81
2026-01-2119.97
2026-01-2019.75
2026-01-1620.02
2026-01-1519.58
2026-01-1419.43
2026-01-1319.14
2026-01-1218.98
2026-01-0919.00
2026-01-0819.00
2026-01-0718.88
2026-01-0618.81
2026-01-0518.85
2026-01-0218.86
2025-12-3118.76
2025-12-3019.10
2025-12-2919.13
2025-12-2619.26
2025-12-2419.33
2025-12-2319.10
2025-12-2219.26
2025-12-1919.39
2025-12-1819.35
2025-12-1719.45
2025-12-1619.21
2025-12-1519.36
2025-12-1219.60
2025-12-1119.89
2025-12-1019.89
2025-12-0919.57
2025-12-0819.45
2025-12-0519.90
2025-12-0419.94
2025-12-0319.95
2025-12-0219.94
2025-12-0120.08
2025-11-2820.06
2025-11-2620.07
2025-11-2519.97
2025-11-2419.89
2025-11-2119.79
2025-11-2019.20
2025-11-1919.02
2025-11-1819.26
2025-11-1719.18
2025-11-1419.41
2025-11-1319.55
2025-11-1219.48
2025-11-1119.76
2025-11-1019.54
2025-11-0719.48
2025-11-0618.84
2025-11-0518.53
2025-11-0423.16
2025-11-0323.11
2025-10-3122.85
2025-10-3023.41
2025-10-2923.32
2025-10-2824.12
2025-10-2724.44
2025-10-2424.40
2025-10-2324.36
2025-10-2224.46
2025-10-2124.62
2025-10-2024.86
2025-10-1724.39
2025-10-1623.95
2025-10-1523.80
2025-10-1422.93
2025-10-1322.80
2025-10-1022.38
2025-10-0923.03
2025-10-0823.30
2025-10-0723.35
2025-10-0623.36
2025-10-0323.21
2025-10-0223.08
2025-10-0123.07
2025-09-3022.70
2025-09-2922.60
2025-09-2623.08
2025-09-2522.97
2025-09-2422.90
2025-09-2323.38
2025-09-2223.53
2025-09-1923.39
2025-09-1823.44
2025-09-1723.16
2025-09-1623.44
2025-09-1523.31
2025-09-1223.42
2025-09-1123.48
2025-09-1022.94
2025-09-0923.08
2025-09-0823.50
2025-09-0523.63
2025-09-0423.16
2025-09-0322.80
2025-09-0222.37
2025-08-2923.11
2025-08-2823.04
2025-08-2723.13
2025-08-2622.88
2025-08-2523.14
2025-08-2223.11
2025-08-2122.14
2025-08-2022.26
2025-08-1922.28
2025-08-1821.44
2025-08-1521.68
2025-08-1421.65
2025-08-1321.82
2025-08-1221.60
2025-08-1121.20
2025-08-0821.51
2025-08-0721.86
2025-08-0621.85
2025-08-0528.16
2025-08-0427.85
2025-08-0127.55
2025-07-3128.17
2025-07-3028.42
2025-07-2928.85
2025-07-2828.29
2025-07-2528.95
2025-07-2429.05
2025-07-2329.55
2025-07-2229.18
2025-07-2128.72
2025-07-1828.65
2025-07-1728.50
2025-07-1629.24
2025-07-1528.81
2025-07-1429.32
2025-07-1129.49
2025-07-1029.26
2025-07-0928.43
2025-07-0828.86
2025-07-0728.84
2025-07-0329.02
2025-07-0228.77
2025-07-0128.71
2025-06-3028.46
2025-06-2728.49
2025-06-2628.68
2025-06-2528.44
2025-06-2429.78
2025-06-2329.54
2025-06-2029.32
2025-06-1829.53
2025-06-1729.52
2025-06-1629.57
2025-06-1329.82
2025-06-1230.17
2025-06-1130.15
2025-06-1030.45
2025-06-0930.37
2025-06-0629.96
2025-06-0529.41
2025-06-0429.11
2025-06-0328.92
2025-06-0228.71
2025-05-3028.64
2025-05-2928.96

Showing the most recent 260 of 3,349 data points. The chart above shows the full history.

About Terreno Realty Corporation

Terreno Realty Corporation, together with its subsidiaries, focuses on the acquisition, ownership, and management of industrial real estate assets. Their operations are strategically located in six key coastal U.S. markets: Los Angeles, the Northern New Jersey/New York City metropolitan area, the San Francisco Bay Area, Seattle, Miami, and Washington, D.C. It should be noted that all measurements concerning property size (square footage, acreage), occupancy rates, and the total number of properties detailed within their condensed consolidated financial statements are provided on an unaudited basis. As of September 30, 2020, the company's portfolio included 219 buildings, encompassing a total area of approximately 13.1 million square feet. Additionally, they possessed 22 developed land parcels spanning about 85.0 acres, alongside one property currently undergoing redevelopment, which is projected to contribute roughly 0.2 million square feet upon completion. Terreno operates as an internally managed corporation chartered in Maryland. The company chose to be designated as a Real Estate Investment Trust (REIT) for tax purposes, pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, effective from its taxable year concluded on December 31, 2010.

Bellevue, WA
49 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
W. Blake Baird