ETN
Eaton
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: ETN
- PE Ratio
The PE ratio for Eaton stock stands at 38.84 as of Jul 2, 2026. This results from the current EPS of $10.26 and stock price of $398.52. An increase of 12% has been recorded in the PE ratio compared to the average of 34.6 of the last four quarters.
ETN PE ratio history
Over the last ten years, the average PE ratio of Eaton has been 24.64. The current 38.84 P/E ratio is 58% higher than the historical average. In the past ten years, ETN's PE ratio peaked in the Mar 2021 quarter at 38.63, with a price of $138.28 and an EPS of $3.58. The Jun 2018 quarter marked the lowest point at 10.51, with a price of $74.74 and an EPS of $7.11.
Eaton PE ratio by year
Maximum annual increase: 90.8% in 2020
Maximum annual decrease: -40.51% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 30.39 | -12.65% | $318.51 | $10.48 |
| 2024 | 34.79 | 16.43% | $331.87 | $9.54 |
| 2023 | 29.88 | 17.45% | $240.82 | $8.06 |
| 2022 | 25.44 | -20.8% | $156.95 | $6.17 |
| 2021 | 32.12 | -6.16% | $172.82 | $5.38 |
| 2020 | 34.23 | 90.8% | $120.14 | $3.51 |
| 2019 | 17.94 | 28.79% | $94.72 | $5.28 |
| 2018 | 13.93 | 18.35% | $68.66 | $4.93 |
| 2017 | 11.77 | -26.16% | $79.01 | $6.71 |
| 2016 | 15.94 | 29.59% | $67.09 | $4.21 |
| 2015 | 12.3 | -31.59% | $52.04 | $4.23 |
| 2014 | 17.98 | -7.18% | $67.96 | $3.78 |
| 2013 | 19.37 | 26.52% | $76.12 | $3.93 |
| 2012 | 15.31 | 39.95% | $54.18 | $3.54 |
| 2011 | 10.94 | -40.51% | $43.53 | $3.98 |
Eaton PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 34.86 | 14.71% | $357.67 | $10.26 |
| Dec 2025 | 30.39 | -18.48% | $318.51 | $10.48 |
| Sep 2025 | 37.28 | 4.22% | $374.25 | $10.04 |
| Jun 2025 | 35.77 | 30.93% | $356.99 | $9.98 |
| Mar 2025 | 27.32 | -21.47% | $271.83 | $9.95 |
| Dec 2024 | 34.79 | -0.91% | $331.87 | $9.54 |
| Sep 2024 | 35.11 | 2.24% | $331.44 | $9.44 |
| Jun 2024 | 34.34 | -6.66% | $313.55 | $9.13 |
| Mar 2024 | 36.79 | 23.13% | $312.68 | $8.5 |
| Dec 2023 | 29.88 | 5.06% | $240.82 | $8.06 |
| Sep 2023 | 28.44 | -3.98% | $213.28 | $7.5 |
| Jun 2023 | 29.62 | 11.31% | $201.1 | $6.79 |
| Mar 2023 | 26.61 | 4.6% | $171.34 | $6.44 |
| Dec 2022 | 25.44 | 9.51% | $156.95 | $6.17 |
| Sep 2022 | 23.23 | 6.95% | $133.36 | $5.74 |
ETN Price vs fair value
ETN 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.
The current PE ratio of ETN is higher than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 38.84, ETN stands above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 29.79, Eaton's P/E is 30% higher.
ETN PE vs peers
ETN's PE ratio stands lower than its peer stock RBC, but it is higher than EMR's and AME's. Eaton is presently trading at a higher PE ratio (38.84) than its peer group average of 37.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AOS Smith A O Corp | 16.68 | $8.64B |
| EMR Emerson Electric Co | 31.97 | $77.87B |
| AME Ametek Inc | 35.39 | $53.78B |
| ETN Eaton Corp plc | 38.84 | $154.75B |
| RBC RBC Bearings Inc. | 66.14 | $19.13B |
Frequently asked questions
What is Eaton's PE ratio?
The price to earnings ratio for ETN stock is 38.84 as of Jul 2, 2026.
What is the 3-year average PE ratio for Eaton (ETN)?
As an average over the last 3 years, ETN stock has a PE ratio of 33.18.
What is the 5-year average PE ratio for Eaton (ETN)?
As an average over the last 5 years, ETN stock has a PE ratio of 30.51.
What is the highest PE ratio for ETN?
Within the last ten years, the current PE ratio is at its peak with a value of 38.84.
How does the current PE ratio for ETN compare to its historical average?
ETN's price to earnings ratio is currently 58% above its 10-year historical average.
How is ETN's PE ratio calculated (Eaton PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), Eaton's stock price is $398.52. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $10.26. Therefore, Eaton's PE ratio for today is 38.84. PE RATIO(38.84) = STOCK PRICE($398.52) / TTM EPS($10.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.