The price-to-earnings ratio for Ametek stock stands at 31.14 as of Apr 26, 2024. This is calculated based on the current EPS of $5.7 and the stock price of $177.51 per share. An increase of 10% has been recorded in the P/E ratio compared to the average of 28.4 of the last 4 quarters.
Over the last ten years, the average PE ratio of Ametek has been 25.12. The current 31.14 PE ratio is 24% 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.
Maximum annual increase: 31.36% in 2019
Maximum annual decrease: -19.14% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.93 | 4.37% |
| 2022 | 27.72 | -19.14% |
| 2021 | 34.28 | 7.7% |
| 2020 | 31.83 | 20.61% |
| 2019 | 26.39 | 31.36% |
| 2018 | 20.09 | -17.93% |
| 2017 | 24.48 | 10.82% |
| 2016 | 22.09 | 1.42% |
| 2015 | 21.78 | -1.09% |
| 2014 | 22.02 | -11.35% |
Currently, AME's PE ratio is greater than its 3, 5 and 10-year historical averages.
AME's PE ratio is lower than its peer stocks DHR and GE, but it is greater than EMR's and TDY's. Ametek's current PE ratio of 31.14 is comparable to the average of its peer group, which is 30.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 5.71 | $63.13B |
| TDY Teledyne Technologies Inc | 20.3 | $18.08B |
| MOG.A Moog Inc | 27.15 | $5.16B |
| BRKR Bruker Corp | 27.98 | $11.25B |
| ESE Esco Technologies Inc | 29.16 | $2.72B |
| AME Ametek Inc | 31.27 | $41.17B |
| A Agilent Technologies Inc | 33.07 | $40.89B |
| ROP Roper Technologies Inc | 39.85 | $55.36B |
| DHR Danaher Corp | 41.76 | $184.35B |
| GE General Electric Co | 53.1 | $179.61B |
AME stock has a price to earnings ratio of 31.14 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for AME stock is 28.84.
Over the last 5 years, the average price to earnings ratio for AME stock is 27.79.
The highest quarterly PE ratio in the last ten years has been 36.18 and it was in the Mar 2021 quarter.
The current price to earnings ratio of AME is 24% higher than the 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Ametek's stock price is $177.51. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.7. Therefore, Ametek's P/E ratio for today is 31.14. PE RATIO(31.14) = STOCK PRICE($177.51) / TTM EPS($5.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.