P/E ratio for Badger Meter (BMI)
P/E ratio as of April 2024 (TTM): 62.9
According to Badger Meter 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.9384. At the end of 2022 the company had a P/E ratio of 48.0.
P/E ratio history for Badger Meter from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 48.0 | -6.25% |
| 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 | 5.2% |
| 2011 | 23.0 | 0.35% |
| 2010 | 22.9 | 32.91% |
| 2009 | 17.2 | 2.76% |
| 2008 | 16.8 | -56.71% |
| 2007 | 38.8 | -24.46% |
| 2006 | 51.3 | 154.91% |
| 2005 | 20.1 | -2.27% |
| 2004 | 20.6 | 27.38% |
| 2003 | 16.2 | 15.83% |
| 2002 | 14.0 | -34.04% |
| 2001 | 21.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Emerson EMR | 4.76 | -92.43% | 🇺🇸 USA |
 IDEX IEX | 27.4 | -56.52% | 🇺🇸 USA |
 Roper Technologies ROP | 19.6 | -68.79% | 🇺🇸 USA |
 Itron
ITRI | 57.6 | -8.55% | 🇺🇸 USA |
 Chart Industries GTLS | -91.0 | -244.61% | 🇺🇸 USA |
 Mueller Water Products
MWA | 33.0 | -47.63% | 🇺🇸 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.