FTV
Fortive
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: FTV
- PE Ratio
As at Jun 3, 2026, the FTV stock has a PE ratio of 36.29. This is based on the current EPS of $1.67 and the stock price of $60.6 per share. An increase of 16% has been recorded in the PE ratio compared to the average of 31.2 of the past four quarters.
FTV PE ratio history
The mean historical PE ratio of Fortive over the last ten years is 26.98. The current 36.29 price-to-earnings ratio is 35% more than the historical average. In the past ten years, FTV's PE ratio reached its highest point in the Sep 2020 quarter at 48.16, with a price of $74.17 and an EPS of $1.54. The Dec 2018 quarter saw the lowest point at 8.12, with a price of $67.66 and an EPS of $8.33.
Fortive PE ratio by year
Maximum annual increase: 372.78% in 2019
Maximum annual decrease: -66.22% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 31.73 | 1.12% | $55.21 | $1.74 |
| 2024 | 31.38 | 4.84% | $75 | $2.39 |
| 2023 | 29.93 | -1.25% | $73.63 | $2.46 |
| 2022 | 30.31 | -34.85% | $64.25 | $2.12 |
| 2021 | 46.52 | 200.91% | $76.29 | $1.64 |
| 2020 | 15.46 | -59.73% | $70.82 | $4.58 |
| 2019 | 38.39 | 372.78% | $76.39 | $1.99 |
| 2018 | 8.12 | -66.22% | $67.66 | $8.33 |
| 2017 | 24.04 | 12.97% | $72.35 | $3.01 |
| 2016 | 21.28 | N/A | $53.63 | $2.52 |
| 2015 | N/A | N/A | N/A | $2.5 |
| 2014 | N/A | N/A | N/A | $2.56 |
| 2013 | N/A | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A | N/A |
Fortive PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 33.58 | 5.83% | $56.08 | $1.67 |
| Dec 2025 | 31.73 | 15.72% | $55.21 | $1.74 |
| Sep 2025 | 27.42 | -14.61% | $48.53 | $1.77 |
| Jun 2025 | 32.11 | 1.68% | $71.6 | $2.23 |
| Mar 2025 | 31.58 | 0.64% | $72.63 | $2.3 |
| Dec 2024 | 31.38 | 0.64% | $75 | $2.39 |
| Sep 2024 | 31.18 | 6.45% | $79.2 | $2.54 |
| Jun 2024 | 29.29 | -12.83% | $74.1 | $2.53 |
| Mar 2024 | 33.6 | 12.26% | $86.02 | $2.56 |
| Dec 2023 | 29.93 | -5.55% | $73.63 | $2.46 |
| Sep 2023 | 31.69 | -4.63% | $74.16 | $2.34 |
| Jun 2023 | 33.23 | 4.3% | $74.77 | $2.25 |
| Mar 2023 | 31.86 | 5.11% | $68.17 | $2.14 |
| Dec 2022 | 30.31 | 0.33% | $64.25 | $2.12 |
| Sep 2022 | 30.21 | 0.2% | $58.3 | $1.93 |
FTV Price vs fair value
FTV 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.
Currently, FTV's PE ratio is above its 3 and 5-year historical averages.
PE comparison
With a P/E of 36.29, FTV stands below the Technology sector and the industry average. But when looking at its Technology sector average of 37.29, Fortive's P/E is only 2.7% lower.
FTV PE vs peers
FTV's PE ratio is below its peer stock MLAB.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FTV Fortive Corp | 36.82 | $18.74B |
| MLAB Mesa Laboratories Inc | 89.04 | $600.17M |
| MSAI Infrared Cameras Holdings Inc | N/A | $10.7M |
| NTIC Northern Technologies International Corp | N/A | $74.04M |
Frequently asked questions
What is Fortive's PE ratio?
FTV stock has a price to earnings ratio of 36.29 as of Jun 3, 2026.
What is the 3-year average PE ratio for Fortive (FTV)?
The 3-year average PE ratio for FTV stock is 31.39.
What is the 5-year average PE ratio for Fortive (FTV)?
The 5-year average PE ratio for FTV stock is 30.43.
What is the highest PE ratio for FTV?
In the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 48.16.
How does the current PE ratio for FTV compare to its historical average?
FTV's current price to earnings ratio is 35% above its 10-year historical average.
How is FTV's PE ratio calculated (Fortive PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jun 3, 2026), Fortive's stock price is $60.6. The earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $1.67. Therefore, Fortive's price to earnings ratio for today is 36.29. PE RATIO(36.29) = STOCK PRICE($60.6) / TTM EPS($1.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.