P/E ratio for Ecolab (ECL)
P/E ratio as of June 2024 (TTM): 56.2
According to Ecolab's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.1663. At the end of 2022 the company had a P/E ratio of 38.0.
P/E ratio history for Ecolab from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.0 | -36.01% |
| 2021 | 59.4 | -214.46% |
| 2020 | -51.9 | -245.45% |
| 2019 | 35.7 | 20.08% |
| 2018 | 29.7 | 15.57% |
| 2017 | 25.7 | -7.9% |
| 2016 | 27.9 | -17.53% |
| 2015 | 33.8 | 30.15% |
| 2014 | 26.0 | -19.71% |
| 2013 | 32.4 | 8.09% |
| 2012 | 30.0 | 1.05% |
| 2011 | 29.6 | 33.47% |
| 2010 | 22.2 | -12.31% |
| 2009 | 25.3 | 31.87% |
| 2008 | 19.2 | -35.11% |
| 2007 | 29.6 | -3.73% |
| 2006 | 30.7 | 5.97% |
| 2005 | 29.0 | -9.14% |
| 2004 | 31.9 | 24.85% |
| 2003 | 25.6 | -18.87% |
| 2002 | 31.5 | 15.93% |
| 2001 | 27.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Procter & Gamble PG | 26.5 | -52.89% | 🇺🇸 USA |
 Church & Dwight
CHD | 60.1 | 6.92% | 🇺🇸 USA |
 Clorox CLX | 197 | 250.90% | 🇺🇸 USA |
 The Mosaic Company MOS | 4.20 | -92.52% | 🇺🇸 USA |
 PPG Industries
PPG | 21.3 | -62.00% | 🇺🇸 USA |
 Rollins ROL | 59.3 | 5.65% | 🇺🇸 USA |
 International Flavors & Fragrances
IFF | -11.1 | -119.81% | 🇺🇸 USA |
 Dupont De Nemours DD | 8.30 | -85.22% | 🇺🇸 USA |
 NewMarket Corp NEU | 12.7 | -77.44% | 🇺🇸 USA |
 W. R. Grace GRA | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.