Trimble Inc. (TRMB)

Measuring & Controlling Devices, NEC

Latest Price

$57.11

TTM P/E

Normalized P/E

27.31

Div Yield

Book Value

21.92

P/B Ratio

2.61

Valuation metrics

EPS: $1.76

Book value / share: $24.73

Formula: √(22.5 × EPS × BVPS)

Graham Number

$31.29

45% downside

Norm. op. income: $511M (median of 5yr)

Tax rate: 16%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$13.47

76% downside

Base FCF: $516M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$32.46

43% downside

EPS: $1.76

Target P/E: 27×

Formula: EPS × P/E

P/E Fair Value

$47.52

17% downside

99.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	21.42M	$1.10B	9.19%	+1.94M	2026-06-30
Vanguard Capital Management LLC	15.24M	$779.0M	6.53%	-107.8K	2026-06-30
Ameriprise Financial Inc	12.68M	$649.0M	5.44%	+10.24M	2026-06-30
Vanguard Portfolio Management LLC	12.12M	$620.0M	5.20%	-335.7K	2026-06-30
State Street Corp	11.64M	$595.0M	4.99%	+849.5K	2026-06-30
Morgan Stanley	9.32M	$476.0M	4.00%	-785.0K	2026-06-30
Invesco Ltd.	7.37M	$376.0M	3.16%	+2.45M	2026-06-30
Generation Investment Management LLP	7.19M	$367.0M	3.08%	-590.3K	2026-06-30
Geode Capital Management, LLC	6.63M	$337.0M	2.84%	+154.7K	2026-06-30
Select Equity Group, L.P.	5.08M	$260.0M	2.18%	-525.5K	2026-06-30