As of May 2, 2024, the Idex stock's PE ratio is 28.95. This takes into account the latest EPS of $7.62 and stock price of $220.63. The PE ratio has grown by 2.7% from its last 4 quarters average of 28.2.
The PE ratio of Idex has averaged 28.45 over the last ten years. The current P/E ratio of 28.95 is similar to the historical average. Looking back at the last ten years, IEX's PE ratio peaked in the Mar 2021 quarter at 40.88, when the price was $209.32 and the EPS was $5.12. The lowest point was in the Sep 2015 quarter, when it reached 20.14 with a price of $71.3 and an EPS of $3.54.
Maximum annual increase: 30.72% in 2020
Maximum annual decrease: -26.23% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.59 | -6.47% |
| 2022 | 29.5 | -26.23% |
| 2021 | 39.99 | -0.03% |
| 2020 | 40 | 30.72% |
| 2019 | 30.6 | 29.88% |
| 2018 | 23.56 | -21.28% |
| 2017 | 29.93 | 18.63% |
| 2016 | 25.23 | 20.2% |
| 2015 | 20.99 | -6.17% |
| 2014 | 22.37 | -5.81% |
The current PE ratio of IEX is higher than its 10-year average, but it is lower than its 3 and 5-year averages.
IEX's PE ratio stands lower than its peer stocks ROP and XYL, but it is higher than PH's and DOV's. Idex's current PE ratio of 28.95 is similar to the average of its peers, which is 29.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 17 | $24.46B |
| GRC Gorman Rupp Co | 23.29 | $848.45M |
| ITT ITT Inc | 24.96 | $10.54B |
| PH Parker Hannifin Corp | 26.47 | $69.71B |
| FLS Flowserve Corp | 26.65 | $6.25B |
| GGG Graco Inc | 27.41 | $13.82B |
| IEX Idex Corp | 28.85 | $16.64B |
| ROP Roper Technologies Inc | 39.95 | $55.5B |
| XYL Xylem Inc | 47.58 | $33.22B |
IEX stock has a price to earnings ratio of 28.95 as of May 2, 2024.
The 3-year average price to earnings ratio for IEX stock is 31.03.
The 5-year average price to earnings ratio for IEX stock is 31.86.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 40.88.
IEX's price to earnings ratio is currently 1.8% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Idex's share price is $220.63. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.62. Therefore, Idex's PE ratio for today is 28.95. PE RATIO(28.95) = STOCK PRICE($220.63) / TTM EPS($7.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.