DOV DOVER PE ratio, current and historical analysis
The current PE ratio for DOVER stock as of Dec 20, 2024 is 16.82. This is calculated based on the TTM EPS of $11.25 and the stock price of $189.27 per share. The PE ratio marks a decrease of 5% from its last 4 quarters average of 17.8.
DOV PE ratio history
The average historical PE ratio of DOVER for the last ten years is 19.4. The current P/E ratio of 16.82 is 13% 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.
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
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 32.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 5.17 | $5.47B |
| DOV DOVER Corp | 16.82 | $25.97B |
| ITW Illinois Tool Works Inc | 22.31 | $76.43B |
| FLS Flowserve Corp | 28.46 | $7.63B |
| PH Parker Hannifin Corp | 28.78 | $83.31B |
| GE General Electric Co | 29.33 | $182.23B |
| IEX Idex Corp | 32.88 | $16.08B |
| CW Curtiss Wright Corp | 33.29 | $13.44B |
| DHR Danaher Corp | 43.2 | $165.08B |
| IR Ingersoll Rand Inc | 44.58 | $37.19B |
| ZBRA Zebra Technologies Corp | 53.19 | $20.27B |
Frequently asked questions
What is DOVER's PE ratio?
DOV stock has a price to earnings ratio of 16.82 as of Dec 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 18.49.
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 20.43.
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 13% 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 (Dec 20, 2024), DOVER's share price is $189.27. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $11.25. Therefore, DOVER's PE ratio for today is 16.82. PE RATIO(16.82) = STOCK PRICE($189.27) / TTM EPS($11.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.