As of Oct 21, 2024, the Idex stock's PE ratio is 27.36. This takes into account the latest EPS of $7.65 and stock price of $209.29. The PE ratio at present is nearly equal to the average from the previous four quarters.
The PE ratio of Idex has averaged 28.72 over the last ten years. The current P/E ratio of 27.36 is 4.7% lower than 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 lower than its 3, 5 and 10-year averages.
IEX's PE ratio stands lower than its peer stocks PH and ROP, but it is higher than DOV's. Idex is currently trading at a lower PE ratio (27.36) than its peers average of 30.31.
Stock name | PE ratio | Market cap |
---|---|---|
DOV DOVER Corp | 17.74 | $26.31B |
IEX Idex Corp | 27.15 | $15.73B |
FLS Flowserve Corp | 27.76 | $7.08B |
ITT ITT Inc | 27.78 | $11.96B |
GGG Graco Inc | 28.18 | $14.14B |
PH Parker Hannifin Corp | 28.61 | $81.42B |
GRC Gorman Rupp Co | 29.08 | $999.27M |
XYL Xylem Inc | 40.59 | $31.84B |
ROP Roper Technologies Inc | 40.6 | $59.24B |
IEX stock has a price to earnings ratio of 27.36 as of Oct 21, 2024.
The 3-year average price to earnings ratio for IEX stock is 29.3.
The 5-year average price to earnings ratio for IEX stock is 31.78.
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 4.7% 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 (Oct 21, 2024), Idex's share price is $209.29. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $7.65. Therefore, Idex's PE ratio for today is 27.36. PE RATIO(27.36) = STOCK PRICE($209.29) / TTM EPS($7.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.