Ratios

		vs industry	vs history
P/E(ttm)	22.00	THR's P/E(ttm) is ranked lower than 66% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 18.99 vs. THR: 22.00 )	THR' s 10-Year P/E(ttm) Range Min: 21.21   Max: 126.25 Current: 22 21.21 126.25
P/B	3.10	THR's P/B is ranked lower than 79% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 1.48 vs. THR: 3.10 )	THR' s 10-Year P/B Range Min: 2.66   Max: 3.87 Current: 3.1 2.66 3.87
P/S	2.20	THR's P/S is ranked lower than 87% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 0.75 vs. THR: 2.20 )	THR' s 10-Year P/S Range Min: 2.08   Max: 3.01 Current: 2.2 2.08 3.01
PFCF	20.10	THR's PFCF is ranked lower than 57% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 15.61 vs. THR: 20.10 )	THR' s 10-Year PFCF Range Min: 19.35   Max: 36.86 Current: 20.1 19.35 36.86
EV-to-EBIT	11.5	THR's EV-to-EBIT is ranked higher than 74% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 12.70 vs. THR: 11.5 )	THR' s 10-Year EV-to-EBIT Range Min: 11.3   Max: 20.2 Current: 11.5 11.3 20.2

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	11.3	THR's Price/Net Current Asset Value is ranked lower than 57% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 4.80 vs. THR: 11.3 )	THR' s 10-Year Price/Net Current Asset Value Range Min: 11.6   Max: 11.6 Current: 11.3
Price/Median PS Value	0.9	THR's Price/Median PS Value is ranked lower than 60% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 0.80 vs. THR: 0.9 )	THR' s 10-Year Price/Median PS Value Range Min: 0.9   Max: 0.9 Current: 0.9
Earnings Yield (Greenblatt)	8.70	THR's Earnings Yield (Greenblatt) is ranked higher than 50% of the 1074 Companies in the Global Diversified Industrials industry. ( Industry Median: 7.10 vs. THR: 8.70 )	THR' s 10-Year Earnings Yield (Greenblatt) Range Min: 5   Max: 8.8 Current: 8.7 5 8.8

Business Description

Thermon Group Holdings, Inc was incorporated in 2010.It is one of the few thermal solutions providers with a global footprint and a full suite of products (heating cables, tubing bundles and control systems) and services (design optimization, engineering, installation and maintenance services) required to deliver comprehensive solutions to complex projects. The Company serves its customers locally through a global network of sales and service professionals and distributors in more than 30 countries and through their four manufacturing facilities on three continents. The major end markets that drive demand for their products include energy, petrochemical and power generation. It believes that there are attractive near- to medium-term trends in each of these end markets. In addition, it also believes that the growth rate of the electric heat tracing market is accelerating as end-users continue to favor electric-based heat tracing solutions over steam-based heat tracing solutions for new installations. The Company believes that the following strengths differentiate them from their competitors: it has access to the most attractive high growth sectors of global addressable market, its highly engineered solutions are "mission critical" to its customers. The Company's business strategy is designed to capitalize on its competitive strengths. Key elements of their strategy include: Capitalize on their market position to continue pursuing organic growth opportunities, Leverage their large and growing installed base to expand their recurring revenue stream, Drive growth through alliances with major customers and suppliers, Continue to offer solutions that support alternative energy initiatives and address environmental compliance and regulatory mandates. Their products include a wide range of electric heat tracing cables, steam tracing components, and tubing bundles, as well as instrument and control products. The global industrial electric heat tracing industry is fragmented and consists of approximately 40 companies, that typically only serve discrete local markets and provide a limited service offering. The Company believes that it is one of only a few solutions providers with a comprehensive suite of products and services, global capabilities and local on-site presence. Its most significant competitor is Tyco Thermal Controls, a subdivision of Tyco International Ltd. The heat tracing industry is highly competitive and subject to the introduction of innovative techniques and services using new technologies. It has at least 40 registered patents in the United States, some of which have foreign equivalents. Of the United States registered patents, six remain active, along with several foreign equivalents. It has 15 registered trademarks in the United States and an additional 20 recognized brand names. It also rely on a significant number of unregistered trademarks, primarily abroad, but also in the United States, in the day-to-day operatio
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Industry:	Diversified Industrials
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