The current PE ratio for Emerson Electric stock as of Jul 25, 2024 is 6.09. This is calculated based on the current EPS of $18.81 and the stock price of $114.59 per share. The P/E ratio has an increase of 27% from the past four quarters average of 4.8.
The average historical PE ratio of Emerson Electric for the last ten years is 18.05. The current PE ratio of 6.09 is 66% below the historical average. Over the past ten years, EMR's PE ratio was at its highest in the Dec 2017 quarter at 28.1, when the stock price was $69.69 and the EPS was $2.48. The lowest value was in the Jun 2023 quarter, when it reached 3.93 with a price of $90.39 and an EPS of $22.99.
Maximum annual increase: 95.73% in 2016
Maximum annual decrease: -68.8% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.2 | -68.8% |
| 2022 | 13.46 | -44.99% |
| 2021 | 24.47 | 21.68% |
| 2020 | 20.11 | 12.47% |
| 2019 | 17.88 | -18.76% |
| 2018 | 22.01 | -17.69% |
| 2017 | 26.74 | 24.08% |
| 2016 | 21.55 | 95.73% |
| 2015 | 11.01 | -46.35% |
| 2014 | 20.52 | -11.82% |
EMR's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peer stocks MSFT and DHR, EMR's PE ratio stands lower. Emerson Electric's current PE ratio of 6.09 is below the average of its peers, which is 34.06.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 6.21 | $66.84B |
| IBM International Business Machines Corp | 21.38 | $176.14B |
| HON Honeywell International Inc | 22.99 | $131.71B |
| JCI Johnson Controls International plc | 27.73 | $46.33B |
| AME Ametek Inc | 30.06 | $39.88B |
| MSFT Microsoft Corp | 36.69 | $3.16T |
| ROP Roper Technologies Inc | 39.52 | $58.72B |
| GE General Electric Co | 39.77 | $184.13B |
| RBC RBC Bearings Inc. | 45.13 | $8.53B |
| DHR Danaher Corp | 48.14 | $197.82B |
| COMM CommScope Holding Company Inc | N/A | $407.57M |
The price to earnings ratio for EMR stock is 6.09 as of Jul 25, 2024.
The average PE ratio for EMR stock over the past 3 years is 12.31.
The average PE ratio for EMR stock over the past 5 years is 15.82.
The highest quarterly PE ratio in the last ten years has been 28.1 and it was in the Dec 2017 quarter.
The current price to earnings ratio of EMR is 66% lower than the 10-year historical average.
EMR's PE ratio of 6.09 is considered low because the company's stock price is trading at a lower multiple of earnings.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Emerson Electric's stock price is $114.59. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $18.81. Therefore, Emerson Electric's P/E ratio for today is 6.09. PE RATIO(6.09) = STOCK PRICE($114.59) / TTM EPS($18.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.