Back to FTV overview
#
FTV Fortive
PE ratio, current and historical analysis

## FTV PE ratio history

### Fortive PE ratio by year

## FTV average PE ratio chart

## FTV PE vs peers

## Frequently asked questions

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What is Fortive's PE ratio?

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What is the 3-year average PE ratio for Fortive (FTV)?

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What is the 5-year average PE ratio for Fortive (FTV)?

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What is the highest PE ratio for FTV?

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How does the current PE ratio for FTV compare to its historical average?

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How is FTV's PE ratio calculated (Fortive PE ratio formula)?

As at Jun 20, 2024, the FTV stock has a PE ratio of 28.5. This is based on the current EPS of $2.56 and the stock price of $72.97 per share. A decrease of 11% has been recorded in the PE ratio compared to the average of 32.1 of the past four quarters.

How has FTV's PE ratio performed in the past

The mean historical PE ratio of Fortive over the last eight years is 25.94. The current 28.5 price-to-earnings ratio is 10% more than the historical average. In the past eight 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.

Average

25.94

Median

26.23

Minimum

8.12

Maximum

48.16

Maximum annual increase: 372.78% in 2019

Maximum annual decrease: -66.22% in 2018

Year | PE ratio | Change |
---|---|---|

2023 | 29.93 | -1.25% |

2022 | 30.31 | -34.85% |

2021 | 46.52 | 200.91% |

2020 | 15.46 | -59.73% |

2019 | 38.39 | 372.78% |

2018 | 8.12 | -66.22% |

2017 | 24.04 | 12.97% |

2016 | 21.28 | N/A |

2015 | N/A | N/A |

2014 | N/A | N/A |

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

Currently, FTV's PE ratio is lower than the 3 and 5-year averages.

3-year avg

30.02

5-year avg

28.62

10-year avg

N/A

15-year avg

N/A

What is FTV's PE ratio compared to its peers

FTV's PE ratio is below its peer stocks MLAB and NTIC.

Stock name | PE ratio | Market cap |
---|---|---|

FTV Fortive Corp | 28.5 | $25.69B |

NTIC Northern Technologies International Corp | 33.77 | $152.82M |

MLAB Mesa Laboratories Inc | 539.41 | $494.63M |

MSAI Infrared Cameras Holdings Inc | N/A | $28.88M |

FTV stock has a price to earnings ratio of 28.5 as of Jun 20, 2024.

The 3-year average PE ratio for FTV stock is 30.02.

The 5-year average PE ratio for FTV stock is 28.62.

In the last eight years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 48.16.

FTV's current price to earnings ratio is 10% above its 8-year historical average.

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 20, 2024), Fortive's stock price is $72.97. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.56. Therefore, Fortive's price to earnings ratio for today is 28.5. `PE RATIO(28.5) = STOCK PRICE($72.97) / TTM EPS($2.56)`

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