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Thomson Reuters (TSX:TRI.PR.B.PFD) 6-Month Price Index : 1.03 (As of Apr. 27, 2024)


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What is Thomson Reuters 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-27), Thomson Reuters's 6-Month Price Index is 1.03.

Competitive Comparison of Thomson Reuters's 6-Month Price Index

For the Specialty Business Services subindustry, Thomson Reuters's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thomson Reuters  (TSX:TRI.PR.B.PFD) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thomson Reuters  (TSX:TRI.PR.B.PFD) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Thomson Reuters 6-Month Price Index Related Terms

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Thomson Reuters (TSX:TRI.PR.B.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thomson Reuters Corp (TSX:TRI.PR.B.PFD) » Definitions » 6-Month Price Index
Comparable Companies
TSX:RBA TSX:GDI TSX:CGY TSX:ISV TSX:KBL TSX:DXT TSX:DCM TSXV:KUT TSXV:CANS TSE:2453 LSE:REL CTAS CPRT XAMS:WKL GPN LSE:RTO ASX:BXB XPAR:SW LSE:ITRK ARMK
Traded in Other Exchanges
TRI:USA TOC:Germany TRI:Canada
Address
333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2
Website
https://www.thomsonreuters.com
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.

Thomson Reuters (TSX:TRI.PR.B.PFD) Headlines

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