Torm PLC Class A
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
Market Cap & Net Worth: Torm PLC Class A (TRMD)
Torm PLC Class A (NASDAQ:TRMD) has a market capitalization of $2.56 Billion ($2.56 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #5861 globally and #3389 in its home market, demonstrating a -10.45% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Torm PLC Class A's stock price $25.29 by its total outstanding shares 101332707 (101.33 Million).
Torm PLC Class A Market Cap History: 2018 to 2026
Torm PLC Class A's market capitalization history from 2018 to 2026. Data shows growth from $319.11 Million to $2.56 Billion (25.43% CAGR).
Index Memberships
Torm PLC Class A is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.26 Trillion | 0.00% | #687 of 3165 |
Weight: Torm PLC Class A's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Torm PLC Class A Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Torm PLC Class A'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.
Latest Price to Sales (P/S) Ratio
1.26x
Torm PLC Class A's market cap is 1.26 times its annual revenue
3.45x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
3.22x
Torm PLC Class A's market cap is 3.22 times its annual earnings
15.78x
Lower than industry averageWhat 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 |
|---|---|---|---|---|---|
| 2018 | $319.11 Million | $635.37 Million | -$34.78 Million | 0.50x | N/A |
| 2019 | $587.78 Million | $692.61 Million | $166.02 Million | 0.85x | 3.54x |
| 2020 | $435.32 Million | $747.36 Million | $88.11 Million | 0.58x | 4.94x |
| 2021 | $491.51 Million | $619.53 Million | -$42.09 Million | 0.79x | N/A |
| 2022 | $1.95 Billion | $1.44 Billion | $562.80 Million | 1.35x | 3.47x |
| 2023 | $2.57 Billion | $1.52 Billion | $648.30 Million | 1.69x | 3.97x |
| 2024 | $1.97 Billion | $1.56 Billion | $612.50 Million | 1.26x | 3.22x |
Competitor Companies of TRMD by Market Capitalization
Companies near Torm PLC Class A in the global market cap rankings as of March 18, 2026.
Key companies related to Torm PLC Class A by market ranking:
- Enbridge Inc (NYSE:ENB): Ranked #159 globally with a market cap of $117.99 Billion USD.
- Williams Companies Inc (NYSE:WMB): Ranked #231 globally with a market cap of $88.33 Billion USD.
- The Williams Companies, Inc. (SA:W1MB34): Ranked #285 globally with a market cap of $74.15 Billion USD ( R$451.57 Billion BRL).
- Kinder Morgan Inc (NYSE:KMI): Ranked #337 globally with a market cap of $64.58 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #159 | Enbridge Inc | NYSE:ENB | $117.99 Billion | $54.54 |
| #231 | Williams Companies Inc | NYSE:WMB | $88.33 Billion | $73.89 |
| #285 | The Williams Companies, Inc. | SA:W1MB34 | $74.15 Billion | R$371.65 |
| #337 | Kinder Morgan Inc | NYSE:KMI | $64.58 Billion | $33.31 |
Torm PLC Class A Historical Marketcap From 2018 to 2026
Between 2018 and today, Torm PLC Class A's market cap moved from $319.11 Million to $ 2.56 Billion, with a yearly change of 25.43%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $2.56 Billion | +29.16% |
| 2025 | $1.98 Billion | +0.67% |
| 2024 | $1.97 Billion | -23.40% |
| 2023 | $2.57 Billion | +31.64% |
| 2022 | $1.95 Billion | +297.65% |
| 2021 | $491.51 Million | +12.91% |
| 2020 | $435.32 Million | -25.94% |
| 2019 | $587.78 Million | +84.20% |
| 2018 | $319.11 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Torm PLC Class A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.56 Billion USD |
| MoneyControl | $2.56 Billion USD |
| MarketWatch | $2.56 Billion USD |
| marketcap.company | $2.56 Billion USD |
| Reuters | $2.56 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.