Back to ETN overview

ETN Eaton PE ratio, current and historical analysis

The PE ratio for Eaton stock stands at 38.03 as of Jun 20, 2024. This results from the current EPS of $8.5 and stock price of $323.24. An increase of 22% has been recorded in the PE ratio compared to the average of 31.2 of the last four quarters.

ETN PE ratio history

How has ETN's PE ratio performed in the past

Over the last ten years, the average PE ratio of Eaton has been 20.91. The current 38.03 P/E ratio is 82% 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.

Average
20.91
Median
17.77
Minimum
10.51
Maximum
38.63

Eaton PE ratio by year

Maximum annual increase: 90.8% in 2020

Maximum annual decrease: -31.59% in 2015

Year PE ratio Change
2023 29.88 17.45%
2022 25.44 -20.8%
2021 32.12 -6.16%
2020 34.23 90.8%
2019 17.94 28.79%
2018 13.93 18.35%
2017 11.77 -26.16%
2016 15.94 29.59%
2015 12.3 -31.59%
2014 17.98 -7.18%

ETN average PE ratio chart

What is the average PE ratio of ETN for the past years

The current PE ratio of ETN is higher than its 3, 5 and 10-year historical averages.

3-year avg
28.44
5-year avg
26.57
10-year avg
20.91
15-year avg
19.59

ETN PE vs peers

What is ETN's PE ratio compared to its 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 (38.03) than its peer group average of 24.82.

Stock name PE ratio Market cap
EMR Emerson Electric Co 5.75 $61.87B
AOS Smith A O Corp 21.74 $12.31B
AME Ametek Inc 29.41 $39.01B
ETN Eaton Corp plc 38.03 $129.23B
RBC RBC Bearings Inc. 42.38 $8.01B

Frequently asked questions

What is Eaton's PE ratio?

The price to earnings ratio for ETN stock is 38.03 as of Jun 20, 2024.

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 28.44.

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 26.57.

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 82% 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 (Jun 20, 2024), Eaton's stock price is $323.24. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.5. Therefore, Eaton's PE ratio for today is 38.03. PE RATIO(38.03) = STOCK PRICE($323.24) / TTM EPS($8.5)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.