AME Ametek PE ratio, current and historical analysis
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- PE Ratio
The price-to-earnings ratio for Ametek stock stands at 29.03 as of May 23, 2025. This is calculated based on the current EPS of $6.12 and the stock price of $177.64 per share. The current price-to-earnings ratio is nearly the same as the last four quarters average.
AME PE ratio history
Over the last ten years, the average PE ratio of Ametek has been 26.0. The current 29.03 PE ratio is 12% above the historical average. In the past ten years, AME's PE ratio was at its highest in the Mar 2021 quarter at 36.18, with a price of $127.73 and an EPS of $3.53. The Mar 2020 quarter recorded the bottom point at 17.52, with a price of $72.02 and an EPS of $4.11.
Ametek PE ratio by year
Maximum annual increase: 31.36% in 2019
Maximum annual decrease: -20.24% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 30.3 | 4.74% | $180.26 | $5.95 |
| 2023 | 28.93 | 4.37% | $164.89 | $5.7 |
| 2022 | 27.72 | -19.14% | $139.72 | $5.04 |
| 2021 | 34.28 | 7.7% | $147.04 | $4.29 |
| 2020 | 31.83 | 20.61% | $120.94 | $3.8 |
| 2019 | 26.39 | 31.36% | $99.74 | $3.78 |
| 2018 | 20.09 | -17.93% | $67.7 | $3.37 |
| 2017 | 24.48 | 10.82% | $72.47 | $2.96 |
| 2016 | 22.09 | 1.42% | $48.6 | $2.2 |
| 2015 | 21.78 | -1.09% | $53.59 | $2.46 |
| 2014 | 22.02 | -11.35% | $52.63 | $2.39 |
| 2013 | 24.84 | 25.64% | $52.67 | $2.12 |
| 2012 | 19.77 | 12.71% | $37.57 | $1.9 |
| 2011 | 17.54 | -20.24% | $28.07 | $1.6 |
| 2010 | 21.99 | 9.95% | $26.17 | $1.19 |
Ametek PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 28.13 | -7.16% | $172.14 | $6.12 |
| Dec 2024 | 30.3 | 1.81% | $180.26 | $5.95 |
| Sep 2024 | 29.76 | 3.19% | $171.71 | $5.77 |
| Jun 2024 | 28.84 | -9.65% | $166.71 | $5.78 |
| Mar 2024 | 31.92 | 10.34% | $182.9 | $5.73 |
| Dec 2023 | 28.93 | 8.84% | $164.89 | $5.7 |
| Sep 2023 | 26.58 | -11.67% | $147.76 | $5.56 |
| Jun 2023 | 30.09 | 7.66% | $161.88 | $5.38 |
| Mar 2023 | 27.95 | 0.83% | $145.33 | $5.2 |
| Dec 2022 | 27.72 | 20.52% | $139.72 | $5.04 |
| Sep 2022 | 23 | -0.78% | $113.41 | $4.93 |
| Jun 2022 | 23.18 | -21.5% | $109.89 | $4.74 |
| Mar 2022 | 29.53 | -13.86% | $133.18 | $4.51 |
| Dec 2021 | 34.28 | 11.12% | $147.04 | $4.29 |
| Sep 2021 | 30.85 | -12.18% | $124.01 | $4.02 |
AME Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
AME average PE ratio chart
Currently, AME's PE ratio is greater than its 3 and 10-year historical averages, but it is lower than the 5-year average.
AME PE vs peers
AME's PE ratio is lower than its peer stocks GE and DHR, but it is greater than EMR's and A's. Ametek's current PE ratio of 29.03 is below the average of its peers, which is 32.38.
| Stock name | PE ratio | Market cap |
|---|---|---|
| A Agilent Technologies Inc | 25.52 | $31.8B |
| TDY Teledyne Technologies Inc | 27.97 | $23.21B |
| MOG.A Moog Inc | 28.47 | $5.86B |
| EMR Emerson Electric Co | 28.7 | $67.97B |
| AME Ametek Inc | 29.54 | $41.74B |
| DHR Danaher Corp | 36.6 | $135.93B |
| GE General Electric Co | 37.29 | $257.66B |
| ESE Esco Technologies Inc | 39.94 | $4.71B |
| ROP Roper Technologies Inc | 41.07 | $61.73B |
| BRKR Bruker Corp | 71.48 | $5.63B |
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Frequently asked questions
What is Ametek's PE ratio?
AME stock has a price to earnings ratio of 29.03 as of May 23, 2025.
What is the 3-year average PE ratio for Ametek (AME)?
Over the last 3 years, the average price to earnings ratio for AME stock is 28.03.
What is the 5-year average PE ratio for Ametek (AME)?
Over the last 5 years, the average price to earnings ratio for AME stock is 29.16.
What is the highest PE ratio for AME?
The highest quarterly PE ratio in the last ten years has been 36.18 and it was in the Mar 2021 quarter.
How does the current PE ratio for AME compare to its historical average?
The current price to earnings ratio of AME is 12% higher than the 10-year historical average.
How is AME's PE ratio calculated (Ametek PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 23, 2025), Ametek's stock price is $177.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $6.12. Therefore, Ametek's P/E ratio for today is 29.03. PE RATIO(29.03) = STOCK PRICE($177.64) / TTM EPS($6.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.