The current PE ratio for DOVER stock as of Jul 25, 2024 is 17.27. This is calculated based on the TTM EPS of $10.79 and the stock price of $186.32 per share. The PE ratio marks a decrease of 5% from its last 4 quarters average of 18.3.
The average historical PE ratio of DOVER for the last ten years is 19.4. The current P/E ratio of 17.27 is 11% 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.
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's current PE ratio is lower than its 3, 5 and 10-year averages.
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 33.83.
Stock name | PE ratio | Market cap |
---|---|---|
NOV National Oilwell Varco Inc | 7.94 | $7.85B |
DOV DOVER Corp | 17.17 | $25.46B |
ITW Illinois Tool Works Inc | 24.34 | $73.85B |
PH Parker Hannifin Corp | 25.74 | $71.29B |
IEX Idex Corp | 27.09 | $15.63B |
FLS Flowserve Corp | 28.48 | $6.67B |
CW Curtiss Wright Corp | 28.69 | $10.74B |
GE General Electric Co | 39.77 | $184.13B |
DHR Danaher Corp | 48.14 | $197.82B |
IR Ingersoll Rand Inc | 49.1 | $39.82B |
ZBRA Zebra Technologies Corp | 64.3 | $16.76B |
DOV stock has a price to earnings ratio of 17.27 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for DOV stock is 19.05.
Over the last 5 years, the average price to earnings ratio for DOV stock is 20.69.
Over the last ten years, the quarterly PE ratio reached its highest level at 26.68 in the Mar 2021 quarter.
The current PE ratio of DOV is 11% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), DOVER's share price is $186.32. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $10.79. Therefore, DOVER's PE ratio for today is 17.27. PE RATIO(17.27) = STOCK PRICE($186.32) / TTM EPS($10.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.