As of Jul 25, 2024, the IR stock has a PE ratio of 48.23. The calculation is based on the latest EPS of $2.01 and the stock price of $96.94 per share. An increase of 21% has been observed in the PE ratio compared to its average of 39.8 of the last four quarters.
The mean historical PE ratio of Ingersoll Rand over the last seven years is 51.23. The current 48.23 P/E ratio is 6% lower than the historical average. Looking back at the last seven years, IR's PE ratio peaked in the Dec 2017 quarter at 339.3, with a price of $33.93 and an EPS of $0.1. The Dec 2018 quarter marked the lowest point at 15.26, with a price of $20.45 and an EPS of $1.34.
Maximum annual increase: 208.19% in 2019
Maximum annual decrease: -95.5% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.28 | 14.86% |
| 2022 | 35.07 | -22.91% |
| 2021 | 45.49 | N/A |
| 2020 | N/A | N/A |
| 2019 | 47.03 | 208.19% |
| 2018 | 15.26 | -95.5% |
| 2017 | 339.3 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
IR's current PE ratio is higher than the 3 and 5-year averages.
IR's PE ratio stands higher than its peer stocks ITW and PH. Ingersoll Rand's current PE ratio of 48.23 is higher than the average of its peers, which is 27.26.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 17.17 | $25.46B |
| ITW Illinois Tool Works Inc | 24.34 | $73.85B |
| PH Parker Hannifin Corp | 25.74 | $71.29B |
| JCI Johnson Controls International plc | 27.73 | $46.33B |
| FLS Flowserve Corp | 28.48 | $6.67B |
| LII Lennox International Inc | 31.59 | $20.41B |
| AAON Aaon Inc | 39.63 | $7.2B |
| IR Ingersoll Rand Inc | 49.1 | $39.82B |
As of Jul 25, 2024, IR stock has a price to earnings ratio of 48.23.
The average PE ratio for IR stock over the past 3 years is 36.61.
The average PE ratio for IR stock over the past 5 years is 39.67.
Over the last seven years, the quarterly PE ratio reached its highest level at 339.3 in the Dec 2017 quarter.
IR's current price to earnings ratio is 6% below its 7-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Ingersoll Rand's share price is $96.94. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.01. Therefore, Ingersoll Rand's PE ratio for today is 48.23. PE RATIO(48.23) = STOCK PRICE($96.94) / TTM EPS($2.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.