Roper Technologies
ROP
#336
Rank
C$80.88 B
Marketcap
$754.57
Share price
0.59%
Change (1 day)
11.10%
Change (1 year)

P/E ratio for Roper Technologies (ROP)

P/E ratio as of November 2024 (TTM): 19.7

According to Roper Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6519. At the end of 2022 the company had a P/E ratio of 10.1.

P/E ratio history for Roper Technologies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.1-77.59%
202144.9-5.39%
202047.5127.98%
201920.8-28.58%
201829.26.96%
201727.3-3.21%
201628.22.55%
201527.513.66%
201424.2-5.55%
201325.613.61%
201222.515.37%
201119.5-12.65%
201022.312.66%
200919.845.32%
200813.7-38.01%
200722.0-2.69%
200622.6-18.38%
200527.7-16.96%
200433.4
200244.4-18.44%
200154.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.0 57.50%๐Ÿ‡บ๐Ÿ‡ธ USA
32.3 64.19%๐Ÿ‡บ๐Ÿ‡ธ USA
26.6 35.55%๐Ÿ‡บ๐Ÿ‡ธ USA
69.0 251.08%๐Ÿ‡บ๐Ÿ‡ธ USA
4.71-76.04%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 2.63%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3 23.79%๐Ÿ‡บ๐Ÿ‡ธ USA
36.4 85.31%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-23.84%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5 19.45%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.