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DOV DOVER PE ratio, current and historical analysis

The current PE ratio for DOVER stock as of Jun 20, 2024 is 17.51. This is calculated based on the TTM EPS of $10.47 and the stock price of $183.3 per share. The PE ratio marks a decrease of 9% from its last 4 quarters average of 19.2.

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 19.44. The current P/E ratio of 17.51 is 10% 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 Sep 2015 quarter, when it reached 10.16 with a price of $57.18 and an EPS of $5.63.

Average
19.44
Median
19.85
Minimum
10.16
Maximum
26.68

DOVER PE ratio by year

Maximum annual increase: 105.58% in 2016

Maximum annual decrease: -27.95% in 2015

Year PE ratio Change
2023 20.35 12.24%
2022 18.13 -22.02%
2021 23.25 -12.73%
2020 26.64 7.94%
2019 24.68 32.19%
2018 18.67 -3.66%
2017 19.38 -15.15%
2016 22.84 105.58%
2015 11.11 -27.95%
2014 15.42 -6.38%

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
19.71
5-year avg
21.07
10-year avg
19.44
15-year avg
18.03

DOV PE vs peers

What is DOV's PE ratio compared to its peers

In comparison to its peers DHR and GE, DOV's PE ratio is lower, but it is higher than NOV's. DOVER's PE ratio is trading below the peer average of 33.67.

Stock name PE ratio Market cap
NOV National Oilwell Varco Inc 7.26 $7.18B
DOV DOVER Corp 17.51 $25.19B
PH Parker Hannifin Corp 23.57 $65.3B
ITW Illinois Tool Works Inc 23.93 $72.61B
IEX Idex Corp 26.66 $15.38B
FLS Flowserve Corp 27.03 $6.33B
CW Curtiss Wright Corp 28.27 $10.58B
DHR Danaher Corp 41.7 $184.11B
IR Ingersoll Rand Inc 46.36 $37.59B
GE General Electric Co 53.4 $180.61B
ZBRA Zebra Technologies Corp 58.51 $15.25B

Frequently asked questions

What is DOVER's PE ratio?

DOV stock has a price to earnings ratio of 17.51 as of Jun 20, 2024.

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 19.71.

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 21.07.

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 10% 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 (Jun 20, 2024), DOVER's share price is $183.3. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $10.47. Therefore, DOVER's PE ratio for today is 17.51. PE RATIO(17.51) = STOCK PRICE($183.3) / TTM EPS($10.47)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.