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Trane Technologies plc (TT)
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Trane Technologies plc (TT) PB Ratio: 12.29

popular:market cap|pe ratio|revenue|price history|total return

Is Trane Technologies plc’s P/B ratio high or low?

Trane Technologies plc's P/B ratio of 12.29 is 36% above its 5-year average of 9.03, near the high end of its 5-year range (4.78–14.28).

4.43% above its 12-month average of 11.77.

P/E Ratio|ROE|Debt to Equity|All Metrics
TT PB Ratio

TT PB Ratio Chart

12.29
-4.73% 1Y
TT PB Ratio

TT Average PB Ratio Chart

TT PB Ratio

TT Current vs Average PB Ratio Chart

TT PB Ratio Metrics

PB RATIO

12.29

PB RATIO AVG TTM

11.77

PB RATIO AVG 3Y

10.68

PB RATIO AVG 5Y

9.03

PB RATIO AVG 10Y

6.18

PB RATIO AVG 15Y

4.73

PB RATIO AVG 20Y

3.56

CURRENT VS TTM AVG

+4.43%

CURRENT VS 3Y AVG

+15.07%

CURRENT VS 5Y AVG

+36.08%

CURRENT VS 10Y AVG

+98.82%

CURRENT VS 15Y AVG

+160.05%

CURRENT VS 20Y AVG

+245.53%

TT Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Trane Technologies plc (TT)$104.86B12.2911.7710.689.03
Quanta Services, Inc. (PWR)vs ›$105.39B11.818.956.915.67
Howmet Aerospace Inc. (HWM)vs ›$110.08B20.0816.7911.238.48
Cummins Inc. (CMI)vs ›$96.46B7.865.874.694.34
General Dynamics Corporation (GD)vs ›$94.74B3.683.743.553.57
Lockheed Martin Corporation (LMT)vs ›$116.13B15.5419.1817.0814.98
Bloom Energy Corporation (BE)vs ›$91.59B111.7146.8921.0541.11
Parker-Hannifin Corporation (PH)vs ›$119.48B8.307.806.635.77
United Parcel Service, Inc. (UPS)vs ›$89.96B5.715.276.198.61
Vertiv Holdings Co (VRT)vs ›$120.63B29.4122.2518.6613.74

P/B vs. its own history

At 12.29, P/B is richer than usual, sitting higher than 97% of its 20-year history.

20-year low

0.28

median

2.31

20-year high

14.28

cheaperricher

Book Value Analysis

P/B Ratio

12.29

Market Price / Book Value per Share

Trane Technologies plc PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Trane Technologies plc PB Ratio FAQ

What is the P/B ratio for Trane Technologies plc (TT)?
The P/B ratio for TT stock is 12.29.
Is Trane Technologies plc's P/B ratio high or low?
Trane Technologies plc's P/B ratio of 12.29 is 36% above its 5-year average of 9.03, near the high end of its 5-year range (4.78–14.28).
What is the TTM average P/B ratio for Trane Technologies plc (TT)?
The TTM average P/B ratio for TT stock is 11.77.
What is the 3Y average P/B ratio for Trane Technologies plc (TT)?
The 3Y average P/B ratio for TT stock is 10.68.
What is the 5Y average P/B ratio for Trane Technologies plc (TT)?
The 5Y average P/B ratio for TT stock is 9.03.
What is the 10Y average P/B ratio for Trane Technologies plc (TT)?
The 10Y average P/B ratio for TT stock is 6.18.
What is the 15Y average P/B ratio for Trane Technologies plc (TT)?
The 15Y average P/B ratio for TT stock is 4.73.
What is the 20Y average P/B ratio for Trane Technologies plc (TT)?
The 20Y average P/B ratio for TT stock is 3.56.

Trane Technologies plc PB Ratio History

DATEPB RATIO
2026-06-2312.29
2026-06-2212.73
2026-06-1812.52
2026-06-1712.24
2026-06-1612.31
2026-06-1512.24
2026-06-1211.87
2026-06-1111.92
2026-06-1011.63
2026-06-0912.19
2026-06-0811.89
2026-06-0511.83
2026-06-0412.01
2026-06-0312.07
2026-06-0211.89
2026-06-0111.62
2026-05-2911.69
2026-05-2811.72
2026-05-2711.86
2026-05-2611.95
2026-05-2211.68
2026-05-2111.60
2026-05-2011.70
2026-05-1911.61
2026-05-1811.93
2026-05-1512.09
2026-05-1412.48
2026-05-1312.20
2026-05-1212.11
2026-05-1112.34
2026-05-0812.08
2026-05-0712.17
2026-05-0612.65
2026-05-0512.37
2026-05-0412.60
2026-05-0112.60
2026-04-3012.76
2026-04-2912.46
2026-04-2812.50
2026-04-2712.63
2026-04-2412.65
2026-04-2312.62
2026-04-2212.41
2026-04-2112.46
2026-04-2012.41
2026-04-1712.38
2026-04-1611.97
2026-04-1512.03
2026-04-1412.23
2026-04-1312.30
2026-04-1012.11
2026-04-0911.96
2026-04-0811.68
2026-04-0711.23
2026-04-0611.20
2026-04-0211.10
2026-04-0111.13
2026-03-3110.83
2026-03-3010.50
2026-03-2710.66
2026-03-2610.58
2026-03-2511.28
2026-03-2411.18
2026-03-2311.05
2026-03-2010.67
2026-03-1911.00
2026-03-1811.09
2026-03-1711.06
2026-03-1610.96
2026-03-1310.98
2026-03-1210.97
2026-03-1111.24
2026-03-1011.27
2026-03-0911.11
2026-03-0611.00
2026-03-0511.34
2026-03-0411.57
2026-03-0311.59
2026-03-0212.12
2026-02-2712.02
2026-02-2611.88
2026-02-2511.96
2026-02-2412.06
2026-02-2311.96
2026-02-2012.14
2026-02-1912.05
2026-02-1811.94
2026-02-1712.23
2026-02-1312.10
2026-02-1211.97
2026-02-1112.28
2026-02-1011.99
2026-02-0911.95
2026-02-0611.82
2026-02-0511.34
2026-02-0411.86
2026-02-0311.71
2026-02-0211.43
2026-01-3011.31
2026-01-2911.46
2026-01-2810.60
2026-01-2710.55
2026-01-2610.60
2026-01-2310.38
2026-01-2210.49
2026-01-2110.63
2026-01-2010.41
2026-01-1610.47
2026-01-1510.41
2026-01-1410.37
2026-01-1310.51
2026-01-1210.36
2026-01-0910.26
2026-01-0810.17
2026-01-0710.12
2026-01-0610.25
2026-01-0510.51
2026-01-0210.70
2025-12-3110.46
2025-12-3010.53
2025-12-2910.60
2025-12-2610.56
2025-12-2410.57
2025-12-2310.59
2025-12-2210.48
2025-12-1910.48
2025-12-1810.36
2025-12-1710.28
2025-12-1610.65
2025-12-1510.62
2025-12-1210.52
2025-12-1110.85
2025-12-1010.73
2025-12-0910.73
2025-12-0810.68
2025-12-0510.79
2025-12-0410.90
2025-12-0311.00
2025-12-0211.06
2025-12-0111.03
2025-11-2811.33
2025-11-2611.28
2025-11-2511.26
2025-11-2411.02
2025-11-2111.03
2025-11-2010.76
2025-11-1910.94
2025-11-1810.94
2025-11-1711.12
2025-11-1411.24
2025-11-1311.15
2025-11-1211.34
2025-11-1111.34
2025-11-1011.66
2025-11-0711.68
2025-11-0611.71
2025-11-0511.73
2025-11-0411.64
2025-11-0312.00
2025-10-3112.06
2025-10-3012.00
2025-10-2912.28
2025-10-2812.25
2025-10-2712.31
2025-10-2412.24
2025-10-2311.95
2025-10-2211.74
2025-10-2112.19
2025-10-2012.02
2025-10-1711.95
2025-10-1611.95
2025-10-1512.14
2025-10-1412.18
2025-10-1312.03
2025-10-1011.90
2025-10-0912.03
2025-10-0812.25
2025-10-0712.16
2025-10-0612.20
2025-10-0312.19
2025-10-0212.17
2025-10-0112.22
2025-09-3012.12
2025-09-2911.91
2025-09-2611.93
2025-09-2511.68
2025-09-2411.61
2025-09-2311.64
2025-09-2211.71
2025-09-1911.68
2025-09-1811.56
2025-09-1711.46
2025-09-1611.49
2025-09-1511.56
2025-09-1211.52
2025-09-1111.92
2025-09-1011.99
2025-09-0911.76
2025-09-0811.92
2025-09-0511.89
2025-09-0411.87
2025-09-0311.73
2025-09-0211.81
2025-08-2911.94
2025-08-2812.20
2025-08-2712.19
2025-08-2612.25
2025-08-2512.06
2025-08-2212.19
2025-08-2112.13
2025-08-2012.25
2025-08-1912.32
2025-08-1812.32
2025-08-1512.17
2025-08-1412.31
2025-08-1312.50
2025-08-1212.61
2025-08-1112.30
2025-08-0812.36
2025-08-0712.30
2025-08-0612.27
2025-08-0512.32
2025-08-0412.47
2025-08-0112.62
2025-07-3112.59
2025-07-3012.40
2025-07-2914.23
2025-07-2814.28
2025-07-2514.27
2025-07-2413.95
2025-07-2313.88
2025-07-2213.53
2025-07-2113.37
2025-07-1813.52
2025-07-1713.60
2025-07-1613.21
2025-07-1513.19
2025-07-1413.27
2025-07-1113.22
2025-07-1013.13
2025-07-0913.10
2025-07-0812.90
2025-07-0713.13
2025-07-0313.22
2025-07-0213.08
2025-07-0113.12
2025-06-3013.22
2025-06-2713.07
2025-06-2612.97
2025-06-2512.92
2025-06-2412.97
2025-06-2312.90
2025-06-2012.68
2025-06-1812.69
2025-06-1712.75
2025-06-1612.89
2025-06-1312.74
2025-06-1212.82
2025-06-1112.78
2025-06-1012.74

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

Related Metrics

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About Trane Technologies plc

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Swords
43,000 employees
www.tranetechnologies.com
Industrials / Machinery, Tools, Heavy Vehicles, Trains & Ships
Sector
Industrials
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
CEO
David S. Regnery
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