Tricon Residential Inc.

Tricon Residential Inc.verified

TCN.TO

Price:

$15.34

Market Cap:

$3.08B

Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 31,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform. More information about Tricon is available at www.triconresidential.com.[Read more]

Industry

Real Estate - Services

IPO Date

2010-08-17

Stock Exchange

TSX

Ticker

TCN.TO

The PE Ratio as of September 2024 (TTM) for Tricon Residential Inc. (TCN.TO) is 27.39

According to Tricon Residential Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 27.39. This represents a change of 335.29% compared to the average of 6.29 of the last 4 quarters.

Tricon Residential Inc. (TCN.TO) Historical PE Ratio (quarterly & annually)

How has TCN.TO PE Ratio performed in the past?

The mean historical PE Ratio of Tricon Residential Inc. over the last ten years is 11.36. The current 27.39 PE Ratio has changed 24.02% with respect to the historical average. Over the past ten years (40 quarters), TCN.TO's PE Ratio was at its highest in in the March 2017 quarter at 29.54. The PE Ratio was at its lowest in in the March 2021 quarter at -19.03.

Quarterly (TTM)
Annual

Average

11.36

Median

12.07

Minimum

2.94

Maximum

20.42

Tricon Residential Inc. (TCN.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Tricon Residential Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 594.10%

Maximum Annual PE Ratio = 20.42

Minimum Annual Increase = -68.04%

Minimum Annual PE Ratio = 2.94

Quarterly (TTM)
Annual
YearPE RatioChange
202320.42594.10%
20222.94-60.77%
20217.50-51.34%
202015.4110.02%
201914.01162.86%
20185.33-68.04%
201716.6725.60%
201613.2822.27%
201510.8651.65%
20147.16-44.65%

Tricon Residential Inc. (TCN.TO) Average PE Ratio

How has TCN.TO PE Ratio performed in the past?

The current PE Ratio of Tricon Residential Inc. (TCN.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

10.29

5-year avg

12.06

10-year avg

11.36

Tricon Residential Inc. (TCN.TO) PE Ratio vs. Peers

How is TCN.TO’s PE Ratio compared to its peers?

Tricon Residential Inc.’s PE Ratio is greater than Killam Apartment REIT (8.40), greater than InterRent Real Estate Investment Trust (-1138.24), greater than Dream Industrial Real Estate Investment Trust (23.66), less than Colliers International Group Inc. (52.81), greater than Boardwalk Real Estate Investment Trust (6.41),

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