FTV Fortive PE ratio, current and historical analysis
As at Nov 21, 2024, the FTV stock has a PE ratio of 30.3. This is based on the current EPS of $2.54 and the stock price of $76.95 per share. A decrease of 2.3% has been recorded in the PE ratio compared to the average of 31.0 of the past four quarters.
FTV PE ratio history
The mean historical PE ratio of Fortive over the last nine years is 26.2. The current 30.3 price-to-earnings ratio is 16% more than the historical average. In the past nine 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 | 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 |
FTV average PE ratio chart
Currently, FTV's PE ratio is lower than the 3 and 5-year averages.
FTV PE vs peers
FTV's PE ratio is above its peer stocks NTIC and MSAI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MSAI Infrared Cameras Holdings Inc | 0.31 | $50.53M |
| NTIC Northern Technologies International Corp | 24.98 | $134.86M |
| FTV Fortive Corp | 30.3 | $26.7B |
| MLAB Mesa Laboratories Inc | N/A | $547.81M |
Frequently asked questions
What is Fortive's PE ratio?
FTV stock has a price to earnings ratio of 30.3 as of Nov 21, 2024.
What is the 3-year average PE ratio for Fortive (FTV)?
The 3-year average PE ratio for FTV stock is 32.61.
What is the 5-year average PE ratio for Fortive (FTV)?
The 5-year average PE ratio for FTV stock is 30.65.
What is the highest PE ratio for FTV?
In the last nine 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 16% above its 9-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 (Nov 21, 2024), Fortive's stock price is $76.95. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.54. Therefore, Fortive's price to earnings ratio for today is 30.3. PE RATIO(30.3) = STOCK PRICE($76.95) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.