ETN Eaton PE ratio, current and historical analysis
The PE ratio for Eaton stock stands at 39.3 as of Nov 21, 2024. This results from the current EPS of $9.44 and stock price of $370.95. An increase of 15% 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 21.62. The current 39.3 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.
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
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 stock RBC, but it is higher than EMR's and AME's. Eaton is presently trading at a higher PE ratio (39.3) than its peer group average of 34.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AOS Smith A O Corp | 19.24 | $10.63B |
| AME Ametek Inc | 34.09 | $45.49B |
| EMR Emerson Electric Co | 37.86 | $74.23B |
| ETN Eaton Corp plc | 39.58 | $147.64B |
| RBC RBC Bearings Inc. | 47.63 | $10.38B |
Frequently asked questions
What is Eaton's PE ratio?
The price to earnings ratio for ETN stock is 39.3 as of Nov 21, 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 29.22.
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 28.5.
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 39.3.
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 (Nov 21, 2024), Eaton's stock price is $370.95. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.44. Therefore, Eaton's PE ratio for today is 39.3. PE RATIO(39.3) = STOCK PRICE($370.95) / TTM EPS($9.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.