P/E ratio for Badger Meter (BMI)
P/E ratio as of March 2023 (TTM): 52.0
According to Badger Meter 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.0176. At the end of 2021 the company had a P/E ratio of 51.2.
P/E ratio history for Badger Meter from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 51.2 | -7.41% |
| 2020 | 55.3 | 38.05% |
| 2019 | 40.1 | -21.81% |
| 2018 | 51.3 | 28.69% |
| 2017 | 39.8 | 19.66% |
| 2016 | 33.3 | 2.27% |
| 2015 | 32.6 | 14.08% |
| 2014 | 28.5 | -9.95% |
| 2013 | 31.7 | 30.99% |
| 2012 | 24.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Emerson EMR | 8.59 | -83.48% | 🇺🇸 USA |
 IDEX IEX | 28.5 | -45.22% | 🇺🇸 USA |
 Roper Technologies ROP | 10.0 | -80.73% | 🇺🇸 USA |
 Itron
ITRI | -239 | -558.59% | 🇺🇸 USA |
 Chart Industries GTLS | 173 | 232.21% | 🇺🇸 USA |
 Mueller Water Products
MWA | 25.9 | -50.28% | 🇺🇸 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.