FELE Franklin Electric PE ratio, current and historical analysis
As of Nov 21, 2024, the FELE stock has a PE ratio of 26.59. The calculation is based on the latest EPS of $4.01 and the stock price of $106.64 per share. An increase of 7% has been observed in the PE ratio compared to its average of 24.8 of the last four quarters.
FELE PE ratio history
The mean historical PE ratio of Franklin Electric over the last ten years is 24.44. The current 26.59 P/E ratio is 9% higher than the historical average. Looking back at the last ten years, FELE's PE ratio peaked in the Dec 2020 quarter at 32.04, with a price of $69.21 and an EPS of $2.16. The Jan 2016 quarter marked the lowest point at 17.78, with a price of $27.03 and an EPS of $1.52.
Franklin Electric PE ratio by year
Maximum annual increase: 47.43% in 2019
Maximum annual decrease: -31.88% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.18 | 16.83% |
| 2022 | 19.84 | -30.97% |
| 2021 | 28.74 | -10.3% |
| 2020 | 32.04 | 14.02% |
| 2019 | 28.1 | 47.43% |
| 2018 | 19.06 | -30.67% |
| 2017 | 27.49 | 18.03% |
| 2016 | 23.29 | 30.99% |
| 2016 | 17.78 | -31.88% |
| 2015 | 26.1 | -2.5% |
FELE average PE ratio chart
Currently, FELE's PE ratio is higher than its 3, 5 and 10-year averages.
FELE PE vs peers
In comparison to its peers DHR and AME, FELE's PE ratio is lower, but it is higher than DOV's and AOS's. Franklin Electric's current PE ratio of 26.59 is lower than the average of its peers, which is 32.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 18 | $27.78B |
| AOS Smith A O Corp | 19.15 | $10.58B |
| FELE Franklin Electric Co Inc | 26.59 | $4.87B |
| GRC Gorman Rupp Co | 28.76 | $1.1B |
| FLS Flowserve Corp | 29.44 | $7.89B |
| AME Ametek Inc | 33.93 | $45.28B |
| XYL Xylem Inc | 35.92 | $30.46B |
| DHR Danaher Corp | 44.43 | $169.77B |
| RBC RBC Bearings Inc. | 46.75 | $10.19B |
| AMSC American Superconductor Corp | N/A | $1.34B |
Frequently asked questions
What is Franklin Electric's PE ratio?
FELE stock has a price to earnings ratio of 26.59 as of Nov 21, 2024.
What is the 3-year average PE ratio for Franklin Electric (FELE)?
The 3-year average price to earnings ratio for FELE stock is 23.38.
What is the 5-year average PE ratio for Franklin Electric (FELE)?
The 5-year average price to earnings ratio for FELE stock is 25.32.
What is the highest PE ratio for FELE?
The highest quarterly PE ratio in the last ten years has been 32.04 and it was in the Dec 2020 quarter.
How does the current PE ratio for FELE compare to its historical average?
FELE's current price to earnings ratio is 9% above its 10-year historical average.
How is FELE's PE ratio calculated (Franklin Electric PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Franklin Electric's share price is $106.64. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.01. Therefore, Franklin Electric's PE ratio for today is 26.59. PE RATIO(26.59) = STOCK PRICE($106.64) / TTM EPS($4.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.