DOV DOVER PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: DOV
- PE Ratio
The current PE ratio for DOVER stock as of May 9, 2025 is 10.55. This is calculated based on the TTM EPS of $16.7 and the stock price of $176.16 per share. The PE ratio marks a decrease of 22% from its last 4 quarters average of 13.5.
DOV PE ratio history
The average historical PE ratio of DOVER for the last ten years is 19.18. The current P/E ratio of 10.55 is 45% 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.
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 |
|---|---|---|---|---|
| Mar 2025 | 10.52 | 9.81% | $175.68 | $16.7 |
| 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 |
DOV average PE ratio chart
DOV's current PE ratio is lower than its 3, 5 and 10-year averages.
DOV PE vs peers
In comparison to its peers GE and DHR, DOV's PE ratio is lower, but it is higher than NOV's. DOVER's PE ratio is trading below the peer average of 27.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 8.63 | $4.87B |
| DOV DOVER Corp | 10.99 | $25.17B |
| ITW Illinois Tool Works Inc | 21.94 | $73.34B |
| FLS Flowserve Corp | 23.64 | $6.64B |
| PH Parker Hannifin Corp | 25.35 | $85.45B |
| ZBRA Zebra Technologies Corp | 28.21 | $15.26B |
| IEX Idex Corp | 30.25 | $14.44B |
| GE General Electric Co | 33.77 | $233.38B |
| CW Curtiss Wright Corp | 34.28 | $14.6B |
| DHR Danaher Corp | 38.7 | $143.75B |
| IR Ingersoll Rand Inc | 41.29 | $33.98B |
Frequently asked questions
What is DOVER's PE ratio?
DOV stock has a price to earnings ratio of 10.55 as of May 9, 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 16.54.
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 19.38.
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 45% lower than the 10-year historical average.
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 (May 9, 2025), DOVER's share price is $176.16. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $16.7. Therefore, DOVER's PE ratio for today is 10.55. PE RATIO(10.55) = STOCK PRICE($176.16) / TTM EPS($16.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.