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Trane Technologies TT

US equityMarket cap rank #166Building Products & Equipment
$438.88
+$1.79 (+0.41%)
Market open · Sep 24, 2:00 pm ET
After hours $437.09 0.00%
Open$433.01
Prev close$437.09
Day range$431.00 – $442.45
Volume425.2K
Market cap$96.56B
P/E (TTM)33.2
Dividend yield0.91%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings32.0x
CheapRich

Around its usual level · 53rd percentile, 5-year average 30.5x

#2152 of 2974 stocks by PE (1 = cheapest)

Price / book10.8x
CheapRich

Above its usual level · 62nd percentile, 5-year average 9.1x

#4875 of 5302 stocks by PB (1 = cheapest)

Price / sales4.2x
CheapRich

Above its usual level · 66th percentile, 5-year average 3.6x

#3605 of 5141 stocks by PS (1 = cheapest)

P/E over five years

19x26x34x41xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$422.00
Price vs. fair value+4.0%Close to the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 10.80 9.13 62% (pricier than usual) #4875 of 5302 (1 = cheapest)
PE 32.05 30.45 53% (pricier than usual) #2152 of 2974 (1 = cheapest)
PS 4.19 3.57 66% (pricier than usual) #3605 of 5141 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$422.00
Economic moatNarrow
UncertaintyMedium
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