ETN Eaton PE ratio, current and historical analysis
The PE ratio for Eaton stock stands at 30.46 as of Feb 25, 2025. This results from the current EPS of $9.44 and stock price of $287.55. A decrease of 10% has been recorded in the PE ratio compared to the average of 34.0 of the last four quarters.
ETN PE ratio history
Over the last ten years, the average PE ratio of Eaton has been 21.72. The current 30.46 P/E ratio is 40% 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: 264.14% in 2009
Maximum annual decrease: -40.51% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | 18.39 | -32.93% | $50.76 | $2.76 |
| 2009 | 27.42 | 264.14% | $31.81 | $1.16 |
Eaton PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 21.72 | -20.41% | $125.99 | $5.8 |
| Mar 2022 | 27.29 | -15.04% | $151.76 | $5.56 |
| Dec 2021 | 32.12 | 11.64% | $172.82 | $5.38 |
| Sep 2021 | 28.77 | -8.35% | $149.31 | $5.19 |
| Jun 2021 | 31.39 | -18.74% | $148.18 | $4.72 |
| Mar 2021 | 38.63 | 12.85% | $138.28 | $3.58 |
ETN average PE ratio chart
The current PE ratio of ETN is higher than its 3, 5 and 10-year historical averages.
ETN PE vs peers
ETN's PE ratio stands lower than its peer stocks AME and RBC, but it is higher than EMR's and AOS's. Eaton is presently trading at a lower PE ratio (30.46) than its peer group average of 31.68.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AOS Smith A O Corp | 18.33 | $9.63B |
| EMR Emerson Electric Co | 28.64 | $68.16B |
| ETN Eaton Corp plc | 31.66 | $118.11B |
| AME Ametek Inc | 31.76 | $43.59B |
| RBC RBC Bearings Inc. | 49.18 | $11.38B |
Frequently asked questions
What is Eaton's PE ratio?
The price to earnings ratio for ETN stock is 30.46 as of Feb 25, 2025.
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 28.95.
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 29.06.
What is the highest PE ratio for ETN?
Over the last ten years, the quarterly PE ratio reached a historic high of 38.63 in the Mar 2021 quarter.
How does the current PE ratio for ETN compare to its historical average?
ETN's price to earnings ratio is currently 40% 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 (Feb 25, 2025), Eaton's stock price is $287.55. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.44. Therefore, Eaton's PE ratio for today is 30.46. PE RATIO(30.46) = STOCK PRICE($287.55) / TTM EPS($9.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.