Toromont Industries Ltd.

Toronto Stock Exchange TIH.TO

Toromont Industries Ltd. Price to Earnings Ratio (P/E) on January 14, 2025: 16.26

Toromont Industries Ltd. Price to Earnings Ratio (P/E) is 16.26 on January 14, 2025, a -8.22% change year over year. Price to earnings ratio compares the stock price to earnings per share; higher P/E suggests expectations for future earnings growth.
  • Toromont Industries Ltd. 52-week high Price to Earnings Ratio (P/E) is 20.19 on April 09, 2024, which is 24.16% above the current Price to Earnings Ratio (P/E).
  • Toromont Industries Ltd. 52-week low Price to Earnings Ratio (P/E) is 15.87 on December 18, 2024, which is -2.40% below the current Price to Earnings Ratio (P/E).
  • Toromont Industries Ltd. average Price to Earnings Ratio (P/E) for the last 52 weeks is 18.20.
Key data
Date Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield
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Toronto Stock Exchange: TIH.TO

Toromont Industries Ltd.

CEO Mr. Michael Stanley Howie McMillan C.M.A.
IPO Date Aug. 13, 1996
Location Canada
Headquarters 3131 Highway 7 West
Employees 7,000
Sector Industrials
Industries
Description

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.

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StockViz Staff

January 15, 2025

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