IEX Idex PE ratio, current and historical analysis
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- NYSE: IEX
- PE Ratio
As of Jul 11, 2025, the Idex stock's PE ratio is 28.71. This takes into account the latest EPS of $6.32 and stock price of $181.47. The PE ratio marks a decrease of 3.9% from its last 4 quarters average of 29.9.
IEX PE ratio history
The PE ratio of Idex has averaged 29.37 over the last ten years. The current P/E ratio of 28.71 is 2.2% 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.
Idex PE ratio history chart
Idex PE ratio by year
Maximum annual increase: 551.95% in 2012
Maximum annual decrease: -77.03% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 31.42 | 13.88% | $209.29 | $6.66 |
| 2023 | 27.59 | -6.47% | $217.11 | $7.87 |
| 2022 | 29.5 | -26.23% | $228.33 | $7.74 |
| 2021 | 39.99 | -0.03% | $236.32 | $5.91 |
| 2020 | 40 | 30.72% | $199.2 | $4.98 |
| 2019 | 30.6 | 29.88% | $172 | $5.62 |
| 2018 | 23.56 | -21.28% | $126.26 | $5.36 |
| 2017 | 29.93 | 18.63% | $131.97 | $4.41 |
| 2016 | 25.23 | 20.2% | $90.06 | $3.57 |
| 2015 | 20.99 | -6.17% | $76.61 | $3.65 |
| 2014 | 22.37 | -5.81% | $77.84 | $3.48 |
| 2013 | 23.75 | -77.03% | $73.85 | $3.11 |
| 2012 | 103.4 | 551.95% | $46.53 | $0.45 |
| 2011 | 15.86 | -21.76% | $37.11 | $2.34 |
| 2010 | 20.27 | -8.24% | $39.12 | $1.93 |
Idex PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 28.63 | -8.88% | $180.97 | $6.32 |
| Dec 2024 | 31.42 | -5.36% | $209.29 | $6.66 |
| Sep 2024 | 33.2 | 26.24% | $214.5 | $6.46 |
| Jun 2024 | 26.3 | -17.86% | $201.2 | $7.65 |
| Mar 2024 | 32.02 | 16.06% | $244.02 | $7.62 |
| Dec 2023 | 27.59 | 8.24% | $217.11 | $7.87 |
| Sep 2023 | 25.49 | -7.98% | $208.02 | $8.16 |
| Jun 2023 | 27.7 | -6.95% | $215.26 | $7.77 |
| Mar 2023 | 29.77 | 0.92% | $231.03 | $7.76 |
| Dec 2022 | 29.5 | 12.04% | $228.33 | $7.74 |
| Sep 2022 | 26.33 | -2.3% | $199.85 | $7.59 |
| Jun 2022 | 26.95 | -12.01% | $181.63 | $6.74 |
| Mar 2022 | 30.63 | -23.41% | $191.73 | $6.26 |
| Dec 2021 | 39.99 | 9.38% | $236.32 | $5.91 |
| Sep 2021 | 36.56 | -8.28% | $206.95 | $5.66 |
IEX Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
IEX average PE ratio chart
The current PE ratio of IEX is lower than its 3, 5 and 10-year averages.
PE vs average
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 (28.71) than its peers average of 26.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 11.31 | $25.9B |
| GRC Gorman Rupp Co | 22.28 | $989.98M |
| FLS Flowserve Corp | 24.94 | $7.01B |
| ITT ITT Inc | 25.02 | $12.42B |
| PH Parker Hannifin Corp | 27.1 | $91.35B |
| IEX Idex Corp | 28.71 | $13.71B |
| GGG Graco Inc | 30.34 | $14.65B |
| XYL Xylem Inc | 35.2 | $31.87B |
| ROP Roper Technologies Inc | 39.16 | $58.86B |
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Frequently asked questions
What is Idex's PE ratio?
IEX stock has a price to earnings ratio of 28.71 as of Jul 11, 2025.
What is the 3-year average PE ratio for Idex (IEX)?
The 3-year average price to earnings ratio for IEX stock is 28.9.
What is the 5-year average PE ratio for Idex (IEX)?
The 5-year average price to earnings ratio for IEX stock is 32.09.
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 2.2% below 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 (Jul 11, 2025), Idex's share price is $181.47. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $6.32. Therefore, Idex's PE ratio for today is 28.71. PE RATIO(28.71) = STOCK PRICE($181.47) / TTM EPS($6.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.