As of Jul 26, 2024, the Roper Technologies stock's PE ratio is 39.52. This results from the current EPS of $13.88 and stock price of $548.53. The P/E ratio has an increase of 34% from the past four quarters average of 29.4.
The PE ratio of Roper Technologies has averaged 28.16 over the last ten years. The current PE ratio of 39.52 is 40% above the historical average. Over the past ten years, ROP's PE ratio was at its highest in the Dec 2020 quarter at 47.48, when the stock price was $431.09 and the EPS was $9.08. The lowest value was in the Dec 2022 quarter, when it reached 10.07 with a price of $432.09 and an EPS of $42.92.
Maximum annual increase: 317.08% in 2023
Maximum annual decrease: -77.58% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 42 | 317.08% |
| 2022 | 10.07 | -77.58% |
| 2021 | 44.92 | -5.39% |
| 2020 | 47.48 | 128.16% |
| 2019 | 20.81 | -28.56% |
| 2018 | 29.13 | 6.98% |
| 2017 | 27.23 | -3.34% |
| 2016 | 28.17 | 2.7% |
| 2015 | 27.43 | 13.49% |
| 2014 | 24.17 | -5.36% |
ROP's current P/E ratio is above the 3, 5 and 10-year historical averages.
ROP's PE ratio is lower than its peer stocks DHR and GE, but it is greater than TMO's and EMR's. Roper Technologies's current PE ratio of 39.52 is above the average of its peers, which is 33.37.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 6.21 | $66.84B |
| WTS Watts Water Technologies Inc | 25.43 | $6.87B |
| IEX Idex Corp | 27.09 | $15.63B |
| ITRI Itron Inc | 29.5 | $4.75B |
| AME Ametek Inc | 30.06 | $39.88B |
| TFX Teleflex Inc | 35.14 | $10.38B |
| TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
| ROP Roper Technologies Inc | 39.52 | $58.72B |
| GE General Electric Co | 39.77 | $184.13B |
| DHR Danaher Corp | 48.14 | $197.82B |
| BMI Badger Meter Inc | 53.58 | $6.07B |
The price to earnings ratio for ROP stock as of Jul 26, 2024, stands at 39.52.
The average PE ratio for ROP stock over the past 3 years is 25.09.
The average PE ratio for ROP stock over the past 5 years is 28.22.
The highest quarterly PE ratio in the last ten years has been 47.48 and it was in the Dec 2020 quarter.
ROP's price to earnings ratio is currently 40% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Roper Technologies's stock price is $548.53. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13.88. Therefore, Roper Technologies's P/E ratio for today is 39.52. PE RATIO(39.52) = STOCK PRICE($548.53) / TTM EPS($13.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.