As of May 2, 2024, the ITT stock's price-to-earnings ratio is 24.27. This results from the current EPS of $5.13 and stock price of $124.49. The PE ratio has increased by 11% from the past four quarters average of 21.8.
The PE ratio of ITT has averaged 25.98 over the last ten years. The current P/E ratio of 24.27 is 7% lower than the historical average. In the past ten years, ITT's PE ratio peaked in the Jul 2021 quarter at 123.53, when the stock price was $93.88 and the EPS was $0.76. The lowest point was in the Jun 2014 quarter, when it reached 8.51 with a price of $48.1 and an EPS of $5.65.
Maximum annual increase: 360.29% in 2020
Maximum annual decrease: -69.71% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.91 | 29.73% |
| 2022 | 18.43 | -33.63% |
| 2021 | 27.77 | -69.71% |
| 2020 | 91.69 | 360.29% |
| 2019 | 19.92 | 57.22% |
| 2018 | 12.67 | -69.37% |
| 2017 | 41.37 | 124.23% |
| 2016 | 18.45 | 99.03% |
| 2015 | 9.27 | -53.72% |
| 2014 | 20.03 | 147.59% |
The current PE ratio of ITT is lower than the 3, 5 and 10-year averages.
ITT's PE ratio stands lower than its peer stocks APH and NOC, but it is higher than HON's and LMT's. ITT is presently trading at a lower PE ratio (24.27) than its peer group average of 26.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 16.84 | $110.83B |
| HON Honeywell International Inc | 22.53 | $127.51B |
| GD General Dynamics Corp | 23.24 | $79.06B |
| ITT ITT Inc | 25.01 | $10.56B |
| PH Parker Hannifin Corp | 26.14 | $68.85B |
| FLS Flowserve Corp | 26.7 | $6.26B |
| IEX Idex Corp | 28.93 | $16.68B |
| NOC Northrop Grumman Corp | 32.6 | $69.42B |
| APH Amphenol Corp | 36.07 | $73.66B |
| BA Boeing Co | N/A | $110.37B |
As of May 2, 2024, ITT stock has a price to earnings ratio of 24.27.
The average PE ratio for ITT stock over the past 3 years is 30.51.
The average PE ratio for ITT stock over the past 5 years is 33.99.
Over the last ten years, the quarterly PE ratio reached a historic high of 123.53 in the Jul 2021 quarter.
ITT's price to earnings ratio is currently 7% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 2, 2024), ITT's stock price is $124.49. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.13. Therefore, ITT's PE ratio for today is 24.27. PE RATIO(24.27) = STOCK PRICE($124.49) / TTM EPS($5.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.