Toromont Industries Ltd.

Toromont Industries Ltd. - PE Ratioverified

TIH.TO

Price:

$212.88

Market Cap:

$17.36B

Established in 1961 and based in Concord, Canada, Toromont Industries Ltd. is a prominent supplier of specialized capital equipment across Canada, the United States, and various international markets. The company operates through two distinct divisions: the Equipment Group and CIMCO. The Equipment Group is involved in the sale, rental, and servicing of mobile machinery, including Caterpillar products and other manufacturers' offerings. It also deals in the sale, rental, and maintenance of engines utilized in a wide array of applications, such as industrial, commercial, marine, on-highway trucks, and power generation. This segment further provides related products, parts, and services, cateri...[Read more]

Industry

Industrial - Distribution

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

TIH.TO

The PE Ratio as of October 2026 (TTM) for Toromont Industries Ltd. (TIH.TO) is 33.95

According to Toromont Industries Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 33.95. This represents a change of 8.96% compared to the average of 31.16 of the last 4 quarters.

Toromont Industries Ltd. (TIH.TO) Historical PE Ratio (quarterly & annually)

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

The mean historical PE Ratio of Toromont Industries Ltd. over the last ten years is 22.18. The current 33.95 PE Ratio has changed 15.21% with respect to the historical average. Over the past ten years (40 quarters), TIH.TO's PE Ratio was at its highest in in the March 2026 quarter at 42.71. The PE Ratio was at its lowest in in the December 2022 quarter at 12.59.

Quarterly (TTM)
Annual

Average

22.18

Median

20.67

Minimum

17.50

Maximum

28.77

Toromont Industries Ltd. (TIH.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Toromont Industries Ltd. 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 = 47.79%

Maximum Annual PE Ratio = 28.77

Minimum Annual Increase = -37.62%

Minimum Annual PE Ratio = 17.50

Quarterly (TTM)
Annual
YearPE RatioChange
202527.1847.79%
202418.392.95%
202317.860.91%
202217.70-37.62%
202128.38-1.38%
202028.7743.48%
201920.0514.57%
201817.50-29.12%
201724.6916.03%
201621.2826.81%

Toromont Industries Ltd. (TIH.TO) Average PE Ratio

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

The current PE Ratio of Toromont Industries Ltd. (TIH.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

21.14

5-year avg

21.90

10-year avg

22.18

Toromont Industries Ltd. (TIH.TO) PE Ratio vs. Peers

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

Toromont Industries Ltd.’s PE Ratio is greater than Finning International Inc. (24.29), greater than Wajax Corporation (12.27), greater than United Rentals, Inc. (24.96), greater than W.W. Grainger, Inc. (33.91), less than Fastenal Company (41.94), greater than Ferguson plc (21.29), greater than WESCO International, Inc. (23.99), less than Diploma PLC (55.60), greater than Applied Industrial Technologies, Inc. (30.21), greater than QXO, Inc. (-12.42),

Build a custom stock screener for Toromont Industries Ltd. (TIH.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Toromont Industries Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Toromont Industries Ltd. (TIH.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Toromont Industries Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Toromont Industries Ltd.'s PE Ratio?

How is the PE Ratio calculated for Toromont Industries Ltd. (TIH.TO)?

What is the highest PE Ratio for Toromont Industries Ltd. (TIH.TO)?

What is the 3-year average PE Ratio for Toromont Industries Ltd. (TIH.TO)?

What is the 5-year average PE Ratio for Toromont Industries Ltd. (TIH.TO)?

How does the current PE Ratio for Toromont Industries Ltd. (TIH.TO) compare to its historical average?