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 |
|---|---|---|
| 2021 | 34.4 | 8.23% |
| 2020 | 31.7 | 20.62% |
| 2019 | 26.3 | 31.39% |
| 2018 | 20.0 | -18.19% |
| 2017 | 24.5 | 10.33% |
| 2016 | 22.2 | 1.87% |
| 2015 | 21.8 | -1.49% |
| 2014 | 22.1 | -11.41% |
| 2013 | 25.0 | 26.24% |
| 2012 | 19.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 29.9 | 8.03% | 🇺🇸 USA |
 Emerson EMR | 8.59 | -68.96% | 🇺🇸 USA |
 General Electric GE | -228 | -922.16% | 🇺🇸 USA |
 Roper Technologies ROP | 10.0 | -63.79% | 🇺🇸 USA |
 Danaher DHR | 25.3 | -8.50% | 🇺🇸 USA |
 Bruker BRKR | 38.2 | 38.02% | 🇺🇸 USA |
 ESCO Technologies
ESE | 27.5 | -0.78% | 🇺🇸 USA |
 Teledyne TDY | 25.4 | -8.34% | 🇺🇸 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.