DOV DOVER PE ratio, current and historical analysis

The current PE ratio for DOVER stock as of Apr 1, 2025 is 9.01. This is calculated based on the TTM EPS of $19.58 and the stock price of $176.47 per share. The PE ratio marks a decrease of 40% from its last 4 quarters average of 15.1.

DOV PE ratio history

How has DOV's PE ratio performed in the past

The average historical PE ratio of DOVER for the last ten years is 19.4. The current P/E ratio of 9.01 is 54% lower than the historical average. Looking back at the last ten years, DOV's PE ratio peaked in the Mar 2021 quarter at 26.68, when the price was $137.13 and the EPS was $5.14. The lowest point was in the Dec 2024 quarter, when it reached 9.58 with a price of $187.6 and an EPS of $19.58.

Today
9.01
Average
19.4
Median
19.86
Minimum
9.58
Maximum
26.68

DOVER PE ratio by year

Maximum annual increase: 105.58% in 2016

Maximum annual decrease: -52.92% in 2024

Year PE ratio PE change Price EPS
2024 9.58 -52.92% $187.6 $19.58
2023 20.35 12.24% $153.81 $7.56
2022 18.13 -22.02% $135.41 $7.47
2021 23.25 -12.73% $181.6 $7.81
2020 26.64 7.94% $126.25 $4.74
2019 24.68 32.19% $115.26 $4.67
2018 18.67 -3.66% $70.95 $3.8
2017 19.38 -15.15% $100.99 $5.21
2016 22.84 105.58% $74.93 $3.28
2015 11.11 -27.95% $61.31 $5.52
2014 15.42 -6.38% $71.72 $4.65
2013 16.47 12.04% $96.54 $5.86
2012 14.7 22.09% $65.71 $4.47
2011 12.04 -22.77% $58.05 $4.82
2010 15.59 -28.45% $58.45 $3.75

DOVER PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 9.58 -43.78% $187.6 $19.58
Sep 2024 17.04 1.91% $191.74 $11.25
Jun 2024 16.72 -1.18% $180.45 $10.79
Mar 2024 16.92 -16.86% $177.19 $10.47
Dec 2023 20.35 6.77% $153.81 $7.56
Sep 2023 19.06 -6.29% $139.51 $7.32
Jun 2023 20.34 0.94% $147.65 $7.26
Mar 2023 20.15 11.14% $151.94 $7.54
Dec 2022 18.13 26.17% $135.41 $7.47
Sep 2022 14.37 -6.08% $116.58 $8.11
Jun 2022 15.3 -24.33% $121.32 $7.93
Mar 2022 20.22 -13.03% $156.9 $7.76
Dec 2021 23.25 -2.06% $181.6 $7.81
Sep 2021 23.74 -3.69% $155.5 $6.55
Jun 2021 24.65 -7.61% $150.6 $6.11

DOV average PE ratio chart

What is the average PE ratio of DOV for the past years

DOV's current PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
17.09
5-year avg
19.85
10-year avg
19.4
15-year avg
17.79

DOV PE vs peers

What is DOV's PE ratio compared to its peers

In comparison to its peer stocks GE and DHR, DOV's PE ratio is lower. DOVER's PE ratio is trading below the peer average of 27.37.

Stock name PE ratio Market cap
DOV DOVER Corp 9.01 $24.22B
NOV National Oilwell Varco Inc 9.51 $5.87B
ITW Illinois Tool Works Inc 21.17 $72.99B
FLS Flowserve Corp 22.88 $6.48B
PH Parker Hannifin Corp 24.84 $78.53B
IEX Idex Corp 27.2 $13.73B
ZBRA Zebra Technologies Corp 27.62 $14.54B
CW Curtiss Wright Corp 30.39 $12.14B
GE General Electric Co 33.74 $218.73B
DHR Danaher Corp 37.6 $143.22B
IR Ingersoll Rand Inc 38.75 $32.49B

Frequently asked questions

What is DOVER's PE ratio?

DOV stock has a price to earnings ratio of 9.01 as of Apr 1, 2025.

What is the 3-year average PE ratio for DOVER (DOV)?

Over the last 3 years, the average price to earnings ratio for DOV stock is 17.09.

What is the 5-year average PE ratio for DOVER (DOV)?

Over the last 5 years, the average price to earnings ratio for DOV stock is 19.85.

What is the highest PE ratio for DOV?

Over the last ten years, the quarterly PE ratio reached its highest level at 26.68 in the Mar 2021 quarter.

How does the current PE ratio for DOV compare to its historical average?

The current PE ratio of DOV is 54% lower than the 10-year historical average.

Why is DOVER's PE ratio so low?

DOV's PE ratio of 9.01 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is DOV's PE ratio calculated (DOVER PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), DOVER's share price is $176.47. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $19.58. Therefore, DOVER's PE ratio for today is 9.01. PE RATIO(9.01) = STOCK PRICE($176.47) / TTM EPS($19.58)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.