IEX Idex PE ratio, current and historical analysis
As of Nov 21, 2024, the Idex stock's PE ratio is 35.21. This takes into account the latest EPS of $6.46 and stock price of $227.45. The PE ratio has grown by 18% from its last 4 quarters average of 29.8.
IEX PE ratio history
The PE ratio of Idex has averaged 28.83 over the last ten years. The current P/E ratio of 35.21 is 22% higher 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.
Idex PE ratio by year
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% |
IEX average PE ratio chart
The current PE ratio of IEX is higher than its 3, 5 and 10-year averages.
IEX PE vs peers
IEX's PE ratio stands lower than its peer stocks ROP and XYL, but it is higher than PH's and DOV's. Idex is currently trading at a higher PE ratio (35.21) than its peers average of 30.11.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 18 | $27.78B |
| ITT ITT Inc | 26.39 | $12.67B |
| GRC Gorman Rupp Co | 28.76 | $1.1B |
| FLS Flowserve Corp | 29.44 | $7.89B |
| GGG Graco Inc | 30.9 | $15.13B |
| PH Parker Hannifin Corp | 31.24 | $90.45B |
| IEX Idex Corp | 35.21 | $17.22B |
| XYL Xylem Inc | 35.92 | $30.46B |
| ROP Roper Technologies Inc | 40.19 | $59.43B |
Frequently asked questions
What is Idex's PE ratio?
IEX stock has a price to earnings ratio of 35.21 as of Nov 21, 2024.
What is the 3-year average PE ratio for Idex (IEX)?
The 3-year average price to earnings ratio for IEX stock is 29.62.
What is the 5-year average PE ratio for Idex (IEX)?
The 5-year average price to earnings ratio for IEX stock is 31.86.
What is the highest PE ratio for IEX?
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 40.88.
How does the current PE ratio for IEX compare to its historical average?
IEX's price to earnings ratio is currently 22% above its 10-year historical average.
How is IEX's PE ratio calculated (Idex PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Idex's share price is $227.45. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.46. Therefore, Idex's PE ratio for today is 35.21. PE RATIO(35.21) = STOCK PRICE($227.45) / TTM EPS($6.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.