P/E ratio for ITT (ITT)

P/E ratio history for ITT from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Honeywell HON	28.6	1.06%	🇺🇸 USA
IDEX IEX	27.2	-3.91%	🇺🇸 USA
Flowserve FLS	32.0	12.90%	🇺🇸 USA
Parker-Hannifin PH	36.4	28.56%	🇺🇸 USA
Northrop Grumman NOC	15.7	-44.52%	🇺🇸 USA
Amphenol APH	23.1	-18.62%	🇺🇸 USA
Boeing BA	-36.8	-229.91%	🇺🇸 USA
Colfax Corporation CFX	27.1	-4.28%	🇺🇸 USA
Lockheed Martin LMT	17.9	-36.98%	🇺🇸 USA
General Dynamics GD	22.0	-22.46%	🇺🇸 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.