TORM plc (CO:TRMD-A) — Market Cap & Net Worth
Market Cap & Net Worth: TORM plc (TRMD-A)
TORM plc (CO:TRMD-A) has a market capitalization of $3.53 Billion (Dkr22.54 Billion) as of September 16, 2026. Listed on the CO stock exchange, this Denmark-based company holds position #4452 globally and #27 in its home market, demonstrating a -0.45% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying TORM plc's stock price Dkr222.40 by its total outstanding shares 101332707 (101.33 Million). Also see TRMD-A current and non-current assets for a full breakdown of the balance sheet.
TORM plc Market Cap History: 2015 to 2026
TORM plc's market capitalization history from 2015 to 2026. Data shows growth from $837.87 Million to $3.53 Billion (14.30% CAGR). Also see TRMD-A cash generation efficiency for how efficiently the company converts equity into cash flow.
TORM plc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how TORM plc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check TRMD-A share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
1.41x
TORM plc's market cap is 1.41 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.58x
TORM plc's market cap is 3.58 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $837.87 Million | $540.40 Million | $125.98 Million | 1.55x | 6.65x |
| 2016 | $570.89 Million | $680.14 Million | -$142.49 Million | 0.84x | N/A |
| 2017 | $481.14 Million | $656.99 Million | $2.41 Million | 0.73x | 199.89x |
| 2018 | $394.36 Million | $635.37 Million | -$34.78 Million | 0.62x | N/A |
| 2019 | $670.00 Million | $692.61 Million | $166.02 Million | 0.97x | 4.04x |
| 2020 | $457.23 Million | $747.36 Million | $88.11 Million | 0.61x | 5.19x |
| 2021 | $525.31 Million | $619.50 Million | -$42.10 Million | 0.85x | N/A |
| 2022 | $2.19 Billion | $1.44 Billion | $562.75 Million | 1.52x | 3.89x |
| 2023 | $2.85 Billion | $1.52 Billion | $648.26 Million | 1.88x | 4.40x |
| 2024 | $2.19 Billion | $1.56 Billion | $612.50 Million | 1.41x | 3.58x |
Competitor Companies of TRMD-A by Market Capitalization
Companies near TORM plc in the global market cap rankings as of September 16, 2026. Review TRMD-A tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to TORM plc by market ranking:
- Enbridge Inc (TO:ENB): Ranked #236 globally with a market cap of $106.49 Billion USD ( CA$147.21 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #302 globally with a market cap of $87.60 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #327 globally with a market cap of $82.04 Billion USD.
- Kinder Morgan Inc (NYSE:KMI): Ranked #419 globally with a market cap of $68.52 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #236 | Enbridge Inc | TO:ENB | $106.49 Billion | CA$67.40 |
| #302 | Williams Companies Inc | NYSE:WMB | $87.60 Billion | $71.63 |
| #327 | Enterprise Products Partners LP | NYSE:EPD | $82.04 Billion | $38.81 |
| #419 | Kinder Morgan Inc | NYSE:KMI | $68.52 Billion | $30.77 |
TORM plc Historical Marketcap From 2015 to 2026
Between 2015 and today, TORM plc's market cap moved from $837.87 Million to $ 3.53 Billion, with a yearly change of 14.30%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Dkr3.53 Billion | +75.26% |
| 2025 | Dkr2.01 Billion | -8.31% |
| 2024 | Dkr2.19 Billion | -23.04% |
| 2023 | Dkr2.85 Billion | +30.37% |
| 2022 | Dkr2.19 Billion | +316.32% |
| 2021 | Dkr525.31 Million | +14.89% |
| 2020 | Dkr457.23 Million | -31.76% |
| 2019 | Dkr670.00 Million | +69.90% |
| 2018 | Dkr394.36 Million | -18.04% |
| 2017 | Dkr481.14 Million | -15.72% |
| 2016 | Dkr570.89 Million | -31.86% |
| 2015 | Dkr837.87 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of TORM plc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.53 Billion USD |
| MoneyControl | $3.53 Billion USD |
| MarketWatch | $3.53 Billion USD |
| marketcap.company | $3.53 Billion USD |
| Reuters | $3.53 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About TORM plc
TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Engineering segment engages in developing and producing advan… Read more