P/E ratio for Donaldson (DCI)
P/E ratio as of April 2024 (TTM): 24.6
According to Donaldson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5695. At the end of 2022 the company had a P/E ratio of 21.2.
P/E ratio history for Donaldson from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.2 | -14.24% |
| 2021 | 24.7 | -11.18% |
| 2020 | 27.8 | -2.54% |
| 2019 | 28.5 | -1.39% |
| 2018 | 28.9 | 5.78% |
| 2017 | 27.3 | 2.03% |
| 2016 | 26.8 | 30.93% |
| 2015 | 20.5 | -6.2% |
| 2014 | 21.8 | -13.62% |
| 2013 | 25.3 | 27.72% |
| 2012 | 19.8 | -8.76% |
| 2011 | 21.7 | -11.09% |
| 2010 | 24.4 | -13.44% |
| 2009 | 28.2 | 88.37% |
| 2008 | 15.0 | -36.48% |
| 2007 | 23.5 | 11.92% |
| 2006 | 21.0 | -10.03% |
| 2005 | 23.4 | -11.01% |
| 2004 | 26.3 | 0.37% |
| 2003 | 26.2 | 48.34% |
| 2002 | 17.6 | -19.58% |
| 2001 | 21.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 20.5 | -16.64% | 🇺🇸 USA |
 Parker-Hannifin
PH | 29.9 | 21.65% | 🇺🇸 USA |
 Entegris ENTG | 95.4 | 288.30% | 🇺🇸 USA |
 CECO Environmental
CECO | 51.6 | 110.17% | 🇺🇸 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.