How does TRI's PE Ratio compare to its peers?

TRI is good value based on its Price-To-Earnings Ratio (32.6x) compared to the peer average (38.5x).

How does TRI's PE Ratio compare vs other companies in the North American Professional Services Industry?

TRI is expensive based on its Price-To-Earnings Ratio (32.6x) compared to the North American Professional Services industry average (25.6x).

What is TRI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TRI is good value based on its Price-To-Earnings Ratio (32.6x) compared to the estimated Fair Price-To-Earnings Ratio (33.7x).

What is the Fair Price of TRI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TRI (CA$226.56) is trading above our estimate of [[fair value]] (CA$165.52)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Thomson Reuters (TSX:TRI) - Stock Price, News & Analysis

TRI Stock Overview

Engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details

TRI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Risk Analysis

Earnings are forecast to decline by an average of 1.2% per year for the next 3 years

Significant insider selling over the past 3 months

Thomson Reuters Corporation Competitors

RELX

LSE:REL

UK£68.6b

Experian

LSE:EXPN

UK£34.4b

Verisk Analytics

NasdaqGS:VRSK

US$41.6b

Wolters Kluwer

ENXTAM:WKL

€37.4b

Price History & Performance

Summary of all time highs, changes and price drops for Thomson Reuters
Historical stock prices
Current Share Price	CA$226.56
52 Week High	CA$242.92
52 Week Low	CA$185.73
Beta	0.39
11 Month Change	-2.31%
3 Month Change	-1.85%
1 Year Change	19.51%
33 Year Change	41.25%
5 Year Change	135.41%
Change since IPO	936.76%

Thomson Reuters (TSE:TRI) Strong Profits May Be Masking Some Underlying Issues

Nov 13

Recent updates

Thomson Reuters (TSE:TRI) Strong Profits May Be Masking Some Underlying Issues

Nov 13

The Return Trends At Thomson Reuters (TSE:TRI) Look Promising

Oct 13

Is Thomson Reuters Corporation (TSE:TRI) Worth CA$229 Based On Its Intrinsic Value?

Sep 18

Some Shareholders Feeling Restless Over Thomson Reuters Corporation's (TSE:TRI) P/E Ratio

Mar 23

Is Thomson Reuters Corporation (TSE:TRI) Worth CA$215 Based On Its Intrinsic Value?

Mar 05

We Think That There Are Issues Underlying Thomson Reuters' (TSE:TRI) Earnings

Feb 15

Thomson Reuters' (TSE:TRI) Returns On Capital Are Heading Higher

Feb 04

Getting In Cheap On Thomson Reuters Corporation (TSE:TRI) Is Unlikely

Dec 22

Thomson Reuters (TSE:TRI) Has A Pretty Healthy Balance Sheet

Oct 28

A Look At The Fair Value Of Thomson Reuters Corporation (TSE:TRI)

Sep 22

Thomson Reuters (TSE:TRI) Seems To Use Debt Rather Sparingly

Jul 26

Thomson Reuters Corporation's (TSE:TRI) Intrinsic Value Is Potentially 20% Below Its Share Price

Jun 18

Thomson Reuters (TSE:TRI) Is Looking To Continue Growing Its Returns On Capital

May 31

Shareholder Returns

	TRI	CA Professional Services	CA Market
7D	0.2%	1.0%	1.3%
1Y	19.5%	19.9%	23.7%

Return vs Industry: TRI matched the Canadian Professional Services industry which returned 19.9% over the past year.

Return vs Market: TRI underperformed the Canadian Market which returned 23.7% over the past year.

Price Volatility

Is TRI's price volatile compared to industry and market?
TRI volatility
TRI Average Weekly Movement	2.3%
Professional Services Industry Average Movement	5.5%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: TRI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TRI's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1851	25,600	Steve Hasker	www.thomsonreuters.com

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

Thomson Reuters Corporation Fundamentals Summary

How do Thomson Reuters's earnings and revenue compare to its market cap?
TRI fundamental statistics
Market cap	CA$102.01b
Earnings (TTM)	CA$3.13b
Revenue (TTM)	CA$10.04b

32.6x

P/E Ratio

10.2x

P/S Ratio

Is TRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRI income statement (TTM)
Revenue	US$7.16b
Cost of Revenue	US$4.36b
Gross Profit	US$2.80b
Other Expenses	US$571.00m
Earnings	US$2.23b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.96
Gross Margin	39.14%
Net Profit Margin	31.17%
Debt/Equity Ratio	24.3%

How did TRI perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

43%

Payout Ratio

Does TRI pay a reliable dividends?

See TRI dividend history and benchmarks

When do you need to buy TRI by to receive an upcoming dividend?
Thomson Reuters dividend dates
Ex Dividend Date	Nov 21 2024
Dividend Pay Date	Dec 10 2024
Days until Ex dividend	8 days
Days until Dividend pay date	11 days

Does TRI pay a reliable dividends?

See TRI dividend history and benchmarks

TRI Stock Overview

Risk Analysis

Thomson Reuters Corporation Competitors

LSE:REL

UK£68.6b

LSE:EXPN

UK£34.4b

NasdaqGS:VRSK

US$41.6b

ENXTAM:WKL

€37.4b

Price History & Performance

Recent News & Updates

Thomson Reuters (TSE:TRI) Strong Profits May Be Masking Some Underlying Issues

Third quarter dividend of US$0.54 announced

Third quarter 2024 earnings: EPS misses analyst expectations

Thomson Reuters Corporation Announces Quarterly Dividend, Payable on December 10, 2024

Thomson Reuters Launches Programs to Empower Legal Aid and Support the Justice

Thomson Reuters Corporation (TSX:TRI) acquired Credere Technologies, Inc.

Recent updates

Thomson Reuters (TSE:TRI) Strong Profits May Be Masking Some Underlying Issues

Third quarter dividend of US$0.54 announced

Third quarter 2024 earnings: EPS misses analyst expectations

Thomson Reuters Corporation Announces Quarterly Dividend, Payable on December 10, 2024

Thomson Reuters Launches Programs to Empower Legal Aid and Support the Justice

Thomson Reuters Corporation (TSX:TRI) acquired Credere Technologies, Inc.

Thomson Reuters Corporation (TSX:TRI) acquired Credere Technologies, Inc. from Spark Capital Partners, LLC, Haystack Ventures, Exponent Founders Management, LLC, AI2 Incubator, Thompson Reuters Ventures and others.

The Return Trends At Thomson Reuters (TSE:TRI) Look Promising

Thomson Reuters Corporation to Report Q3, 2024 Results on Nov 05, 2024

New minor risk - Insider selling

Is Thomson Reuters Corporation (TSE:TRI) Worth CA$229 Based On Its Intrinsic Value?

Chief Operations & Technology Officer notifies of intention to sell stock

Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?

Thomson Reuters Unveils CoCounsel 2.0

Now 20% overvalued

Second quarter dividend of US$0.54 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations

Thomson Reuters Corporation Revised Earnings Guidance for the Fiscal Year 2024

Getting In Cheap On Thomson Reuters Corporation (TSE:TRI) Is Unlikely

Thomson Reuters Corporation to Report Q2, 2024 Results on Aug 01, 2024

New minor risk - Shareholder dilution

Investors Will Want Thomson Reuters' (TSE:TRI) Growth In ROCE To Persist

Chief Financial Officer recently sold CA$1.1m worth of stock

Dividend of US$0.54 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Thomson Reuters Announces Expanded Vision to Provide GenAI Assistant for Every Professional It Serves

Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?

Thomson Reuters Corporation to Report Q1, 2024 Results on May 02, 2024

Chief Accounting Officer recently sold CA$1.0m worth of stock

Some Shareholders Feeling Restless Over Thomson Reuters Corporation's (TSE:TRI) P/E Ratio

Chief Financial Officer recently sold CA$2.6m worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations

Thomson Reuters Corporation, Annual General Meeting, Jun 05, 2024

Is Thomson Reuters Corporation (TSE:TRI) Worth CA$215 Based On Its Intrinsic Value?

We Think That There Are Issues Underlying Thomson Reuters' (TSE:TRI) Earnings

Upcoming dividend of US$0.54 per share at 1.4% yield

Fourth quarter dividend of US$0.54 announced

Third quarter 2023 earnings released: EPS: US$0.81 (vs US$0.57 in 3Q 2022)

Now 24% overvalued after recent price rise

Thomson Reuters Corporation Provides Revenue Guidance for the First Quarter, Full Year 2024, 2025 and 2026

Thomson Reuters' (TSE:TRI) Returns On Capital Are Heading Higher

Thomson Reuters Corporation (TSX:TRI) acquired World Business Media Limited.

Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson and others for SEK 6.4 billion.

Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson and others for SEK 6.4 billion.

Thomson Reuters Corporation to Report Q4, 2023 Results on Feb 08, 2024

Getting In Cheap On Thomson Reuters Corporation (TSE:TRI) Is Unlikely

Insider recently sold CA$1.4m worth of stock

Thomson Reuters Launches Generative AI-Powered Solutions to Transform How Legal Professionals Work

Upcoming dividend of US$0.49 per share at 1.5% yield

New minor risk - Earnings quality

Thomson Reuters Corporation (TSX:TRI) announces an Equity Buyback for 10,000,000 shares, representing 2.2% for $1,000 million.

Third quarter 2023 earnings: EPS exceeds analyst expectations

Thomson Reuters (TSE:TRI) Has A Pretty Healthy Balance Sheet

Thomson Reuters Corporation to Report Q3, 2023 Results on Nov 01, 2023

A Look At The Fair Value Of Thomson Reuters Corporation (TSE:TRI)

Consensus EPS estimates fall by 12%

LSEG Investors Thomson Reuters, Blackstone to Sell $2.9b Shares in Bourse Operator

David W. Binet to Resign from Thomson Reuters Board of Directors

Thomson Reuters Corporation (TSX:TRI) completed the acquisition of Casetext, Inc.

New minor risk - Insider selling