The current PE ratio for Otis Worldwide stock as of Oct 2, 2023 is 24.84. This is calculated based on the current EPS of $3.2 and the stock price of $79.5 per share. The P/E ratio has a decrease of 4.1% from the past four quarters average of 25.9.
The average historical PE ratio of Otis Worldwide for the last four years is 27.44. The current PE ratio of 24.84 is 9% below the historical average. Over the past four years, OTIS's PE ratio was at its highest in the Dec 2020 quarter at 32.32, when the stock price was $67.55 and the EPS was $2.09. The lowest value was in the Mar 2020 quarter, when it reached 21.46 with a price of $50 and an EPS of N/A.
Maximum annual decrease: -12.17% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 26.28 | -12.17% |
| 2021 | 29.92 | -7.43% |
| 2020 | 32.32 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
The current PE ratio of OTIS is below the 3-year average.
The price to earnings ratio for OTIS stock as of Oct 2, 2023, stands at 24.84.
As an average over the last 3 years, OTIS stock has a PE ratio of 27.67.
The highest quarterly PE ratio in the last four years has been 32.32 and it was in the Dec 2020 quarter.
The current price to earnings ratio of OTIS is 9% lower than the 4-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Oct 2, 2023), Otis Worldwide's stock price is $79.5. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $3.2. Therefore, Otis Worldwide's P/E ratio for today is 24.84. PE RATIO(24.84) = STOCK PRICE($79.5) / TTM EPS($3.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.