Tri-Continental Corporation (TY) P/E Ratio History
UndervaluedTrading at 5.6x vs 5Y avg 6.6x · 45th percentile · Below historical baseline · Data 2004–2025
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P/E Ratio Analysis
As of June 24, 2026, Tri-Continental Corporation (TY) trades at a price-to-earnings ratio of 5.6x, with a stock price of $34.60 and trailing twelve-month earnings per share of $9.71.
The current P/E is 15% below its 5-year average of 6.6x. Over the past five years, TY's P/E has ranged from a low of 2.9x to a high of 19.0x, placing the current valuation at the 45th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.9x, TY trades at a 60% discount to its sector peers. The sector includes 801 companies with P/E ratios ranging from 0.0x to 181.8x.
Relative to the broader market, TY trades at a notable discount to the S&P 500 median P/E of 24.6x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TY DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
TY Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
TY P/E vs Peers
Closed-end funds and investment trusts peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1B | 5.8 | - | -36% | |
| $1B | 5.6 | 0.21 | -10% | |
| $370M | 9.4 | - | -26% | |
| $18B | 37.1 | - | +7% | |
| $23B | 11.5 | - | +1% | |
| $158B | 28.7 | 13.35 | -16% | |
| $357B | 22.2 | 2.32 | +28% | |
| $1B | 12.3 | - | +29% | |
| $593M | 3.1Lowest | 0.10Best | +168%Best |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
TY Historical P/E Data (2004–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q2 | Jun 30 2025 | $31.66 | $9.66 | 3.3x | -26% |
| FY2024 Q4 | - | $31.69 | $10.86 | 2.9x | -34% |
| FY2024 Q2 | Jun 30 2024 | $30.97 | $8.51 | 3.6x | -17% |
| FY2023 Q4 | Dec 31 2023 | $28.83 | $6.22 | 4.6x | +5% |
| FY2023 Q2 | Jun 30 2023 | $27.42 | $5.06 | 5.4x | +23% |
| FY2022 Q4 | Dec 31 2022 | $25.63 | $3.41 | 7.5x | +71% |
| FY2022 Q2 | - | $26.17 | $3.98 | 6.6x | +49% |
| FY2021 Q4 | Dec 31 2021 | $33.19 | $3.98 | 8.3x | +89% |
| FY2021 Q2 | Jun 30 2021 | $34.09 | $4.01 | 8.5x | +93% |
| FY2020 Q4 | - | $29.47 | $7.08 | 4.2x | -5% |
| FY2020 Q2 | - | $24.71 | $3.96 | 6.2x | +42% |
| FY2019 Q4 | - | $28.20 | $3.65 | 7.7x | +75% |
| FY2019 Q2 | Jun 30 2019 | $26.97 | $5.66 | 4.8x | +8% |
| FY2018 Q4 | Dec 31 2018 | $23.52 | $3.70 | 6.4x | +44% |
| FY2018 Q2 | Jun 30 2018 | $26.51 | $8.10 | 3.3x | -26% |
| FY2017 Q4 | Dec 31 2017 | $26.94 | $8.37 | 3.2x | -27% |
| FY2017 Q2 | Jun 30 2017 | $24.35 | $4.27 | 5.7x | +29% |
| FY2016 Q4 | Dec 31 2016 | $22.05 | $2.65 | 8.3x | +89% |
| FY2016 Q2 | - | $20.54 | $1.08 | 19.0x | +332% |
| FY2015 Q4 | - | $20.02 | $1.74 | 11.5x | +161% |
| FY2015 Q2 | - | $21.19 | $5.74 | 3.7x | -16% |
| FY2014 Q4 | Dec 31 2014 | $21.41 | $7.37 | 2.9x | -34% |
| FY2014 Q2 | Jun 30 2014 | $20.98 | $9.25 | 2.3x | -49% |
| FY2013 Q4 | - | $19.98 | $11.57 | 1.7x | -61% |
| FY2013 Q2 | Jun 30 2013 | $17.90 | $7.16 | 2.5x | -43% |
| FY2012 Q4 | Dec 31 2012 | $16.05 | $8.98 | 1.8x | -59% |
| FY2012 Q2 | Jun 30 2012 | $15.47 | $15.76 | 1.0x | -78% |
| FY2011 Q4 | Dec 31 2011 | $14.23 | $9.42 | 1.5x | -66% |
| FY2011 Q2 | - | $14.93 | $18.93 | 0.8x | -82% |
| FY2010 Q4 | Dec 31 2010 | $13.76 | $14.21 | 1.0x | -78% |
| FY2007 Q4 | Dec 31 2007 | $20.90 | $8.56 | 2.4x | -45% |
| FY2007 Q2 | Jun 30 2007 | $26.02 | $18.41 | 1.4x | -68% |
| FY2006 Q4 | Dec 31 2006 | $22.38 | $11.39 | 2.0x | -55% |
| FY2006 Q2 | Jun 30 2006 | $19.46 | $5.80 | 3.4x | -24% |
| FY2005 Q4 | Dec 31 2005 | $18.58 | $7.44 | 2.5x | -43% |
| FY2005 Q2 | - | $17.81 | $12.63 | 1.4x | -68% |
| FY2004 Q4 | Dec 31 2004 | $18.28 | $18.22 | 1.0x | -77% |
| FY2004 Q2 | Jun 30 2004 | $16.83 | $5.53 | 3.0x | -31% |
Average P/E for displayed period: 4.4x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
22+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TY — Frequently Asked Questions
Quick answers to the most common questions about buying TY stock.
What is TY's P/E ratio?
Tri-Continental Corporation (TY) trailing twelve-month P/E ratio is 5.6x, based on TTM diluted EPS of $9.71. The 5-year average P/E is 6.6x and the historical range spans 2.9x to 19.0x.
Is TY stock overvalued or undervalued?
TY trades at 5.6x P/E, near its 5-year average of 6.6x. The 45th percentile ranking within the 2.9x–19.0x historical range places valuation within normal bounds.
Is TY stock expensive?
TY is fairly valued relative to its own history. The current P/E of 5.6x is near the 5-year average of 6.6x (45th percentile of historical range).
What is TY's historical P/E range?
Over the past 5 years, TY's P/E ratio has ranged from 2.9x to 19.0x, with a median of 6.2x and an average of 6.6x. The current P/E of 5.6x places the stock at the 45th percentile of this range. Full historical data spans 2004–2025.
How does TY's P/E compare to the S&P 500?
TY trades at 5.6x P/E versus the S&P 500 median of 24.6x. The 77% discount to the market suggests lower growth expectations or perceived higher risk.
How does TY's valuation compare to Financial Services peers?
Tri-Continental Corporation P/E of 5.6x compares to the Financial Services sector median of 13.9x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is TY's PEG ratio?
TY PEG ratio is N/A, based on a P/E of 5.6x and EPS growth of 29.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is TY's earnings yield?
TY earnings yield is 17.95%, the inverse of its 5.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.