According to ITT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.2376. At the end of 2022 the company had a P/E ratio of 18.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 18.4 | -33.78% |
2021 | 27.8 | -70.07% |
2020 | 92.8 | 364.54% |
2019 | 20.0 | 57.67% |
2018 | 12.7 | -69.38% |
2017 | 41.4 | 123.11% |
2016 | 18.5 | 100.14% |
2015 | 9.27 | -53.74% |
2014 | 20.0 | 149.1% |
2013 | 8.04 | -53.73% |
2012 | 17.4 | -226.76% |
2011 | -13.7 | -794.2% |
2010 | 1.97 | -15.71% |
2009 | 2.34 | 35.19% |
2008 | 1.73 | -34.79% |
2007 | 2.66 | -11.14% |
2006 | 2.99 | -31.58% |
2005 | 4.37 | 46.1% |
2004 | 2.99 | 6.26% |
2003 | 2.82 | 16.4% |
2002 | 2.42 | -9.29% |
2001 | 2.67 |
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.