As of Sep 28, 2023, the Idex stock's PE ratio is 26.91. This takes into account the latest EPS of $7.77 and stock price of $209.06. The PE ratio marks a decrease of 5% from its last 4 quarters average of 28.3.
The PE ratio of Idex has averaged 29.39 over the last ten years. The current P/E ratio of 26.91 is 8% lower than the historical average. Looking back at the last ten years, IEX's PE ratio peaked in the Sep 2013 quarter at 76.76, when the price was $65.25 and the EPS was $0.85. 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: -77.03% in 2013
Year | PE ratio | Change |
---|---|---|
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% |
2013 | 23.75 | -77.03% |
The current PE ratio of IEX is lower than its 3, 5 and 10-year averages.
IEX's PE ratio stands lower than its peer stocks XYL and GRC, but it is higher than ROP's and PH's. Idex's current PE ratio of 26.91 is similar to the average of its peers, which is 26.79.
Stock name | PE ratio | Market cap |
---|---|---|
ROP Roper Technologies Inc | 17.7 | $51.7B |
ITT ITT Inc | 19 | $8.04B |
DOV DOVER Corp | 19.22 | $19.52B |
FLS Flowserve Corp | 22.1 | $5.25B |
PH Parker Hannifin Corp | 24.03 | $50.1B |
GGG Graco Inc | 24.17 | $12.34B |
IEX Idex Corp | 26.74 | $15.71B |
GRC Gorman Rupp Co | 39.34 | $855.23M |
XYL Xylem Inc | 47.79 | $21.87B |
IEX stock has a price to earnings ratio of 26.91 as of Sep 28, 2023.
The 3-year average price to earnings ratio for IEX stock is 33.75.
The 5-year average price to earnings ratio for IEX stock is 31.57.
Over the last ten years, the Sep 2013 quarter recorded the highest quarterly PE ratio at 76.76.
IEX's price to earnings ratio is currently 8% below 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 (Sep 28, 2023), Idex's share price is $209.06. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $7.77. Therefore, Idex's PE ratio for today is 26.91. PE RATIO(26.91) = STOCK PRICE($209.06) / TTM EPS($7.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.