P/E ratio for Crane Co. (CR)
P/E ratio as of April 2024 (TTM): 26.0
According to Crane Co.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.9737.
P/E ratio history for Crane Co. from 2023 to 2023
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Parker-Hannifin
PH | 30.3 | 16.75% | 🇺🇸 USA |
 Omega Flex OFLX | 29.2 | 12.34% | 🇺🇸 USA |
 NCR Corporation
NCR | 57.6 | 121.83% | 🇺🇸 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.