DOV
DOVER
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: DOV
- PE Ratio
The current PE ratio for DOVER stock as of Jun 22, 2026 is 28.43. This is calculated based on the TTM EPS of $8.07 and the stock price of $229.4 per share. The PE ratio marks an increase of 59% from its last 4 quarters average of 17.9.
DOV PE ratio history
The average historical PE ratio of DOVER for the last ten years is 19.8. The current P/E ratio of 28.43 is 44% higher 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: 155.11% in 2025
Maximum annual decrease: -52.92% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 24.44 | 155.11% | $195.24 | $7.99 |
| 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 |
DOVER PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 25.83 | 5.69% | $208.45 | $8.07 |
| Dec 2025 | 24.44 | 139.61% | $195.24 | $7.99 |
| Sep 2025 | 10.2 | -7.19% | $166.83 | $16.35 |
| Jun 2025 | 10.99 | 4.47% | $183.23 | $16.68 |
| 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 |
DOV Price vs fair value
DOV average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
DOV's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
DOVER's price to earnings (P/E) of 28.43 is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 30.63, DOVER's price to earnings (P/E) is 7% lower.
DOV PE vs peers
In comparison to its peers GE and DHR, DOV's PE ratio is lower, but it is higher than ITW's. DOVER's PE ratio is trading below the peer average of 41.41.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ITW Illinois Tool Works Inc | 24.41 | $75.78B |
| DOV DOVER Corp | 27.84 | $30.25B |
| ZBRA Zebra Technologies Corp | 28.88 | $11.46B |
| FLS Flowserve Corp | 29.3 | $10.26B |
| IEX Idex Corp | 32.97 | $16.5B |
| DHR Danaher Corp | 34.28 | $125.92B |
| PH Parker Hannifin Corp | 34.67 | $120.14B |
| GE General Electric Co | 43.57 | $371.89B |
| IR Ingersoll Rand Inc | 51.49 | $30.02B |
| CW Curtiss Wright Corp | 56.63 | $28.7B |
| NOV National Oilwell Varco Inc | 76.52 | $6.87B |
Frequently asked questions
What is DOVER's PE ratio?
DOV stock has a price to earnings ratio of 28.43 as of Jun 22, 2026.
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 16.83.
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 18.09.
What is the highest PE ratio for DOV?
Within the last ten years, the current PE ratio is at its peak with a value of 28.43.
How does the current PE ratio for DOV compare to its historical average?
The current PE ratio of DOV is 44% higher 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 22, 2026), DOVER's share price is $229.4. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $8.07. Therefore, DOVER's PE ratio for today is 28.43. PE RATIO(28.43) = STOCK PRICE($229.4) / TTM EPS($8.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.