Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 28.40 is 15% below its 5-year average of 33.31, near the low end of its 5-year range (7.97–120.75).
As of Friday, August 28, 2026. 9.81% below its 12-month average of 31.49.
PE Ratio (28.40) = Close Price ($106.23) / Diluted TTM EPS ($3.74)
PE RATIO
28.40
PE RATIO AVG TTM
31.49
PE RATIO AVG 3Y
32.07
PE RATIO AVG 5Y
33.31
PE RATIO AVG 10Y
25.70
PE RATIO AVG 15Y
24.94
PE RATIO AVG 20Y
24.65
CURRENT VS TTM AVG
-9.81%
CURRENT VS 3Y AVG
-11.43%
CURRENT VS 5Y AVG
-14.74%
CURRENT VS 10Y AVG
+10.52%
CURRENT VS 15Y AVG
+13.89%
CURRENT VS 20Y AVG
+15.22%
SECTOR MEDIAN · INDUSTRIALS
29.16
median of 134 covered companies
CURRENT VS SECTOR MEDIAN
-2.59%
vs the sector median at left
Thomson Reuters Corporation
Market Cap
$46.37B
PE Ratio
28.40
TTM Avg
31.49
3Y Avg
32.07
5Y Avg
33.31
Market Cap
$48.46B
PE Ratio
40.83
TTM Avg
28.23
3Y Avg
26.50
5Y Avg
22.24
Market Cap
$48.94B
PE Ratio
26.55
TTM Avg
34.10
3Y Avg
33.20
5Y Avg
32.71
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thomson Reuters Corporation (TRI) | $46.37B | 28.40 | 31.49 | 32.07 | 33.31 |
| HEICO Corporation (HEI)vs › | $46.89B | 56.09 | 64.28 | 66.31 | 65.28 |
| Paychex, Inc. (PAYX)vs › | $45.19B | 26.03 | 23.96 | 27.12 | 28.90 |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 40.49 | 46.19 | 36.52 | 34.70 |
| HEICO Corporation (HEI-A)vs › | $48.16B | 41.68 | 49.00 | 51.86 | 52.04 |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | 249.05 | 209.40 | 160.09 | 147.80 |
| Ferguson plc (FERG)vs › | $44.31B | 21.87 | 24.18 | 22.99 | 19.96 |
| Carrier Global Corporation (CARR)vs › | $48.46B | 40.83 | 28.23 | 26.50 | 22.24 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 26.55 | 34.10 | 33.20 | 32.71 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 39.28 | 34.54 | 31.94 | 31.43 |
At 28.4, P/E is near its 20-year median — higher than 56% of readings in its 20-year history.
20-year low
3.6
median
27.2
20-year high
270.1
Trailing P/E
28.4
Forward P/E
23.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$106.23
Forward EPS (Est.)
$4.48
Forward P/E
23.73
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-08-28 | 28.40 |
| 2026-08-27 | 28.02 |
| 2026-08-26 | 27.39 |
| 2026-08-25 | 27.91 |
| 2026-08-24 | 29.04 |
| 2026-08-21 | 28.22 |
| 2026-08-20 | 28.31 |
| 2026-08-19 | 28.06 |
| 2026-08-18 | 26.98 |
| 2026-08-17 | 26.49 |
| 2026-08-14 | 27.70 |
| 2026-08-13 | 28.36 |
| 2026-08-12 | 27.44 |
| 2026-08-11 | 28.03 |
| 2026-08-10 | 27.90 |
| 2026-08-07 | 27.23 |
| 2026-08-06 | 26.78 |
| 2026-08-05 | 26.37 |
| 2026-08-04 | 31.92 |
| 2026-08-03 | 29.71 |
| 2026-07-31 | 28.69 |
| 2026-07-30 | 28.90 |
| 2026-07-29 | 31.09 |
| 2026-07-28 | 30.20 |
| 2026-07-27 | 28.58 |
| 2026-07-24 | 26.36 |
| 2026-07-23 | 25.06 |
| 2026-07-22 | 25.54 |
| 2026-07-21 | 26.52 |
| 2026-07-20 | 27.90 |
| 2026-07-17 | 28.13 |
| 2026-07-16 | 28.89 |
| 2026-07-15 | 27.93 |
| 2026-07-14 | 26.82 |
| 2026-07-13 | 27.57 |
| 2026-07-10 | 26.21 |
| 2026-07-09 | 25.97 |
| 2026-07-08 | 25.99 |
| 2026-07-07 | 26.54 |
| 2026-07-06 | 25.69 |
| 2026-07-02 | 26.08 |
| 2026-07-01 | 24.83 |
| 2026-06-30 | 23.88 |
| 2026-06-29 | 24.17 |
| 2026-06-26 | 24.52 |
| 2026-06-25 | 23.69 |
| 2026-06-24 | 23.68 |
| 2026-06-23 | 23.60 |
| 2026-06-22 | 22.38 |
| 2026-06-18 | 22.98 |
| 2026-06-17 | 23.17 |
| 2026-06-16 | 23.73 |
| 2026-06-15 | 23.53 |
| 2026-06-12 | 23.80 |
| 2026-06-11 | 23.46 |
| 2026-06-10 | 23.96 |
| 2026-06-09 | 24.07 |
| 2026-06-08 | 24.32 |
| 2026-06-05 | 25.16 |
| 2026-06-04 | 25.07 |
| 2026-06-03 | 24.39 |
| 2026-06-02 | 25.24 |
| 2026-06-01 | 27.47 |
| 2026-05-29 | 25.30 |
| 2026-05-28 | 24.70 |
| 2026-05-27 | 24.03 |
| 2026-05-26 | 24.48 |
| 2026-05-22 | 25.11 |
| 2026-05-21 | 25.02 |
| 2026-05-20 | 24.96 |
| 2026-05-19 | 25.54 |
| 2026-05-18 | 26.32 |
| 2026-05-15 | 24.19 |
| 2026-05-14 | 23.11 |
| 2026-05-13 | 23.99 |
| 2026-05-12 | 25.52 |
| 2026-05-11 | 26.09 |
| 2026-05-08 | 27.18 |
| 2026-05-07 | 27.30 |
| 2026-05-06 | 26.83 |
| 2026-05-05 | 20.10 |
| 2026-05-04 | 28.58 |
| 2026-05-01 | 28.18 |
| 2026-04-30 | 28.56 |
| 2026-04-29 | 27.85 |
| 2026-04-28 | 26.83 |
| 2026-04-27 | 26.58 |
| 2026-04-24 | 26.79 |
| 2026-04-23 | 26.92 |
| 2026-04-22 | 27.72 |
| 2026-04-21 | 28.87 |
| 2026-04-20 | 28.33 |
| 2026-04-17 | 27.76 |
| 2026-04-16 | 27.78 |
| 2026-04-15 | 27.59 |
| 2026-04-14 | 26.26 |
| 2026-04-13 | 26.10 |
| 2026-04-10 | 24.86 |
| 2026-04-09 | 25.33 |
| 2026-04-08 | 25.70 |
| 2026-04-07 | 26.40 |
| 2026-04-06 | 27.05 |
| 2026-04-02 | 26.92 |
| 2026-04-01 | 26.28 |
| 2026-03-31 | 26.86 |
| 2026-03-30 | 27.19 |
| 2026-03-27 | 26.70 |
| 2026-03-26 | 26.98 |
| 2026-03-25 | 26.09 |
| 2026-03-24 | 26.09 |
| 2026-03-23 | 27.18 |
| 2026-03-20 | 27.89 |
| 2026-03-19 | 27.84 |
| 2026-03-18 | 28.03 |
| 2026-03-17 | 28.51 |
| 2026-03-16 | 28.70 |
| 2026-03-13 | 28.76 |
| 2026-03-12 | 29.64 |
| 2026-03-11 | 30.78 |
| 2026-03-10 | 30.96 |
| 2026-03-09 | 33.29 |
| 2026-03-06 | 33.27 |
| 2026-03-05 | 32.67 |
| 2026-03-04 | 31.29 |
| 2026-03-03 | 31.48 |
| 2026-03-02 | 29.70 |
| 2026-02-27 | 28.78 |
| 2026-02-26 | 29.82 |
| 2026-02-25 | 29.67 |
| 2026-02-24 | 26.89 |
| 2026-02-23 | 24.14 |
| 2026-02-20 | 24.84 |
| 2026-02-19 | 25.42 |
| 2026-02-18 | 25.58 |
| 2026-02-17 | 24.84 |
| 2026-02-13 | 25.94 |
| 2026-02-12 | 25.64 |
| 2026-02-11 | 26.63 |
| 2026-02-10 | 27.12 |
| 2026-02-09 | 26.66 |
| 2026-02-06 | 26.29 |
| 2026-02-05 | 26.79 |
| 2026-02-04 | 24.70 |
| 2026-02-03 | 24.27 |
| 2026-02-02 | 28.78 |
| 2026-01-30 | 29.20 |
| 2026-01-29 | 29.76 |
| 2026-01-28 | 30.96 |
| 2026-01-27 | 31.38 |
| 2026-01-26 | 32.54 |
| 2026-01-23 | 32.57 |
| 2026-01-22 | 32.16 |
| 2026-01-21 | 31.70 |
| 2026-01-20 | 31.95 |
| 2026-01-16 | 32.74 |
| 2026-01-15 | 32.95 |
| 2026-01-14 | 33.59 |
| 2026-01-13 | 33.40 |
| 2026-01-12 | 34.03 |
| 2026-01-09 | 34.11 |
| 2026-01-08 | 34.15 |
| 2026-01-07 | 33.76 |
| 2026-01-06 | 34.43 |
| 2026-01-05 | 34.14 |
| 2026-01-02 | 33.35 |
| 2025-12-31 | 34.81 |
| 2025-12-30 | 35.06 |
| 2025-12-29 | 35.17 |
| 2025-12-26 | 35.16 |
| 2025-12-24 | 35.11 |
| 2025-12-23 | 35.12 |
| 2025-12-22 | 35.11 |
| 2025-12-19 | 34.75 |
| 2025-12-18 | 34.70 |
| 2025-12-17 | 34.86 |
| 2025-12-16 | 34.94 |
| 2025-12-15 | 34.79 |
| 2025-12-12 | 34.50 |
| 2025-12-11 | 34.82 |
| 2025-12-10 | 34.28 |
| 2025-12-09 | 33.96 |
| 2025-12-08 | 34.23 |
| 2025-12-05 | 35.22 |
| 2025-12-04 | 35.29 |
| 2025-12-03 | 35.45 |
| 2025-12-02 | 35.19 |
| 2025-12-01 | 35.16 |
| 2025-11-28 | 35.75 |
| 2025-11-26 | 35.36 |
| 2025-11-25 | 35.30 |
| 2025-11-24 | 34.97 |
| 2025-11-21 | 35.64 |
| 2025-11-20 | 34.76 |
| 2025-11-19 | 35.45 |
| 2025-11-18 | 35.81 |
| 2025-11-17 | 36.20 |
| 2025-11-14 | 37.25 |
| 2025-11-13 | 37.10 |
| 2025-11-12 | 36.50 |
| 2025-11-11 | 36.23 |
| 2025-11-10 | 35.79 |
| 2025-11-07 | 36.31 |
| 2025-11-06 | 36.68 |
| 2025-11-05 | 38.08 |
| 2025-11-04 | 41.61 |
| 2025-11-03 | 44.20 |
| 2025-10-31 | 43.45 |
| 2025-10-30 | 43.85 |
| 2025-10-29 | 43.39 |
| 2025-10-28 | 45.95 |
| 2025-10-27 | 46.09 |
| 2025-10-24 | 46.16 |
| 2025-10-23 | 46.40 |
| 2025-10-22 | 46.31 |
| 2025-10-21 | 45.71 |
| 2025-10-20 | 45.66 |
| 2025-10-17 | 45.00 |
| 2025-10-16 | 44.39 |
| 2025-10-15 | 45.22 |
| 2025-10-14 | 43.91 |
| 2025-10-13 | 43.30 |
| 2025-10-10 | 42.98 |
| 2025-10-09 | 42.61 |
| 2025-10-08 | 43.06 |
| 2025-10-07 | 43.02 |
| 2025-10-06 | 43.16 |
| 2025-10-03 | 43.43 |
| 2025-10-02 | 43.01 |
| 2025-10-01 | 43.31 |
| 2025-09-30 | 44.09 |
| 2025-09-29 | 44.34 |
| 2025-09-26 | 44.57 |
| 2025-09-25 | 44.84 |
| 2025-09-24 | 44.77 |
| 2025-09-23 | 45.64 |
| 2025-09-22 | 46.30 |
| 2025-09-19 | 46.13 |
| 2025-09-18 | 45.59 |
| 2025-09-17 | 48.03 |
| 2025-09-16 | 48.18 |
| 2025-09-15 | 48.60 |
| 2025-09-12 | 49.11 |
| 2025-09-11 | 49.25 |
| 2025-09-10 | 48.40 |
| 2025-09-09 | 49.86 |
| 2025-09-08 | 49.27 |
| 2025-09-05 | 49.58 |
| 2025-09-04 | 50.75 |
| 2025-09-03 | 50.39 |
| 2025-09-02 | 50.43 |
| 2025-08-29 | 50.42 |
| 2025-08-28 | 50.60 |
| 2025-08-27 | 49.64 |
| 2025-08-26 | 49.71 |
| 2025-08-25 | 50.15 |
| 2025-08-22 | 50.68 |
| 2025-08-21 | 49.99 |
| 2025-08-20 | 49.90 |
| 2025-08-19 | 49.66 |
| 2025-08-18 | 49.09 |
Showing the most recent 260 of 4,751 data points. The chart above shows the full history.