Ametek
AME
#533
Rank
$32.19 B
Marketcap
$139.79
Share price
0.34%
Change (1 day)
4.58%
Change (1 year)
Ametek, Inc. is an American manufacturer of electronic and electromechanical instruments.

P/E ratio for Ametek (AME)

P/E ratio as of March 2023 (TTM): 27.7

According to Ametek's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6812. At the end of 2021 the company had a P/E ratio of 34.4.

P/E ratio history for Ametek from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202134.48.23%
202031.720.62%
201926.331.39%
201820.0-18.19%
201724.510.33%
201622.21.87%
201521.8-1.49%
201422.1-11.41%
201325.026.24%
201219.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.9 8.03%๐Ÿ‡บ๐Ÿ‡ธ USA
8.59-68.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-228-922.16%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-63.79%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3-8.50%๐Ÿ‡บ๐Ÿ‡ธ USA
38.2 38.02%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5-0.78%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4-8.34%๐Ÿ‡บ๐Ÿ‡ธ 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.