Triton Financial Statements From 2010 to 2024
| TRTN-PD Preferred Stock | USD 23.94 0.04 0.17% |
Check Triton International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Triton International's main balance sheet or income statement drivers, such as , as well as many indicators such as . Triton financial statements analysis is a perfect complement when working with Triton International Valuation or Volatility modules.
Triton |
Triton International Limited Company Price To Earning Analysis
Triton International's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Triton International Price To Earning | 3.02 X |
Most of Triton International's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Triton International Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Triton International Limited has a Price To Earning of 3.02 times. This is 84.74% lower than that of the Industrials sector and 83.7% lower than that of the Rental & Leasing Services industry. The price to earning for all United States preferred stocks is 89.48% higher than that of the company.
Triton International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Triton International's current stock value. Our valuation model uses many indicators to compare Triton International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Triton International competition to find correlations between indicators driving Triton International's intrinsic value. More Info.Triton International Limited is rated third in price to earning category among its peers. It is rated fifth in beta category among its peers totaling about 0.47 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Triton International Limited is roughly 2.12 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Triton International's earnings, one of the primary drivers of an investment's value.About Triton International Financial Statements
Triton International stakeholders use historical fundamental indicators, such as Triton International's revenue or net income, to determine how well the company is positioned to perform in the future. Although Triton International investors may analyze each financial statement separately, they are all interrelated. For example, changes in Triton International's assets and liabilities are reflected in the revenues and expenses on Triton International's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Triton International Limited. Please read more on our technical analysis and fundamental analysis pages.
Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. The company was founded in 1980 and is based in Hamilton, Bermuda. Triton International operates under Rental Leasing Services classification in the United States and is traded on NYQ Exchange. It employs 237 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Triton Preferred Stock
Triton International financial ratios help investors to determine whether Triton Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Triton with respect to the benefits of owning Triton International security.