TRTFX
Price:
$20.27
Market Cap:
$825.47M
This fund seeks to achieve its objectives by investing in a wide array of T. Rowe Price's proprietary stock and bond mutual funds, encompassing various market sectors and asset categories. The allocation of assets among these underlying T. Rowe Price funds undergoes adjustments over time, correlating with its designated retirement year. Designed with a specific target date of 2060 in mind, as reflected in its name, the fund's management strategy presumes an investor's retirement at the age of 65.
Industry
Asset Management
IPO Date
2014-06-24
Stock Exchange
NASDAQ
Ticker
TRTFX
According to T. Rowe Price Target Retirement 2060 Fund’s latest financial reports and current stock price. The company's current PE Ratio is 24.43. This represents a change of -342.94% compared to the average of -10.06 of the last 4 quarters.
The mean historical PE Ratio of T. Rowe Price Target Retirement 2060 Fund over the last ten years is 29.17. The current 24.43 PE Ratio has changed 8.28% with respect to the historical average. Over the past ten years (40 quarters), TRTFX's PE Ratio was at its highest in in the December 2016 quarter at 653.66. The PE Ratio was at its lowest in in the December 2018 quarter at -675.81.
Average
29.17
Median
26.31
Minimum
-157.69
Maximum
245.78
Discovering the peaks and valleys of T. Rowe Price Target Retirement 2060 Fund 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 = 346.77%
Maximum Annual PE Ratio = 245.78
Minimum Annual Increase = -1570.25%
Minimum Annual PE Ratio = -157.69
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 205.12 | 346.77% |
| 2022 | 45.91 | 55.72% |
| 2021 | 29.48 | -137.42% |
| 2020 | -78.78 | 74.90% |
| 2019 | -45.04 | -71.43% |
| 2018 | -157.69 | -489.58% |
| 2017 | 40.48 | -83.53% |
| 2016 | 245.78 | -1570.25% |
| 2015 | -16.72 | -172.27% |
| 2014 | 23.13 | 9.10% |
The current PE Ratio of T. Rowe Price Target Retirement 2060 Fund (TRTFX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
93.50
5-year avg
31.34
10-year avg
29.17
T. Rowe Price Target Retirement 2060 Fund’s PE Ratio is greater than T. Rowe Price Target Retirement 2015 Fund (0), greater than T. Rowe Price Target Retirement 2020 Fund (0), greater than Nationwide WCM Focused Small Cap Fund (0), greater than Hartford Schroders US Small Cap Opportunities Fund (0), greater than BNY Mellon High Yield Strategies Fund (13.97), greater than Voya Infrastructure, Industrials and Materials Fund (0), greater than Blackstone / GSO Senior Floating Rate Term Fund (22.82), greater than Steward Values-Focused Small-Mid Cap Enhanced Index Fund (0), greater than North Square Small Cap Value Fund Investor Class Shares (0),
| Company | PE Ratio | Market cap |
|---|---|---|
| 0 | $156.77M | |
| 0 | $243.77M | |
| 0 | $154.10M | |
| 0 | $178.51M | |
| 13.97 | $174.57M | |
| 0 | $208.85M | |
| 22.82 | $169.32M | |
| 0 | $192.12M | |
| 0 | $209.24M |
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