Franklin Electric
FELE
#2905
Rank
A$6.85 B
Marketcap
$150.13
Share price
1.47%
Change (1 day)
11.83%
Change (1 year)

P/E ratio for Franklin Electric (FELE)

P/E ratio as of November 2024 (TTM): 23.6

According to Franklin Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5548. At the end of 2022 the company had a P/E ratio of 19.8.

P/E ratio history for Franklin Electric from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.8-30.77%
202128.7-10.57%
202032.014.04%
201928.148.09%
201819.0-31.38%
201727.718.71%
201623.330.99%
201517.8-32.24%
201426.2-0.05%
201326.349.43%
201217.69.73%
201116.0-31.69%
201023.4-8.8%
200925.775.59%
200814.6-52.56%
200730.950.14%
200620.67.09%
200519.2-21.2%
200424.428.05%
200319.017.67%
200216.2-1.63%
200116.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.8 60.66%๐Ÿ‡บ๐Ÿ‡ธ USA
35.1 48.90%๐Ÿ‡บ๐Ÿ‡ธ USA
28.7 22.00%๐Ÿ‡บ๐Ÿ‡ธ USA
23.0-2.24%๐Ÿ‡บ๐Ÿ‡ธ USA
32.4 37.38%๐Ÿ‡บ๐Ÿ‡ธ USA
49.1 108.54%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1 15.16%๐Ÿ‡บ๐Ÿ‡ธ USA
25.8 9.71%๐Ÿ‡บ๐Ÿ‡ธ USA
30.8 30.85%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.